Question $3$

A process in which one firm allows another to use its manufacturing techniques, patents and $/$ or other proprietary knowledge in return

Contract manufacturing

Franchising

Licensing

A limited partnership

Question $4$

If a firm utilizes a global marketing standardization strategy, it will:

Create modified products for different regional markets

Develop packaging and advertising specifically tailored to different regional markets

Provide a single product and advertising message for all markets

All of the above

Question $5$

Why might a country utilize legal structures such as tariffs and quotas to reduce imports?

To make it easier for domestic firms to compete

$q,$ To exclude companies from countries with which they have political differences