When RCA agrees to allow some Japanese firms to manufacture televisions with the RCA
name, this strategy is called
a. a joint venture.
b. a licensing agreement.
c. direct investment.
d. exporting.
e. importing.
Question 2Which of the following was NOT a major influence on the growth of international business?
a. the devastation of many countries in Europe and Asia after WWII
b. advances in communication technology
c. the postwar population boom
d. rebuilding of war-torn countries like Japan with new technology
e. all of these were major influences on the growth of international business.