Licensing Is a Popular Form of Foreign Investment Because It

question 42

True/False

Licensing is a popular form of foreign investment because it does not need a sizable commitment of funds, and political risk is often minimized.

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Definitions:

Federal Trade Commission Act

A United States federal law established in 1914 to prevent unfair competition and fraudulent, deceptive practices in the marketplace.

Unfair Trade Practices

Actions by businesses that are deceptive, fraudulent, or otherwise detrimental to consumers in the marketplace.

Federal Trade Commission

A federal agency of the United States government, whose principal mission is the enforcement of civil (non-criminal) U.S. antitrust law and the promotion of consumer protection.

Food And Drug Administration

A federal agency of the United States Department of Health and Human Services responsible for protecting and promoting public health through the control and supervision of food safety, tobacco products, dietary supplements, prescription and over-the-counter medications, vaccines, biopharmaceuticals, medical devices, and veterinary products.