Question: Question 6 2 ( 1 point ) Pepsi Cola has entered into a long - term contract with a South African beverage business. The contract

Question

62 (1

point

)

Pepsi Cola has entered into a long

-

term contract with a South African beverage business. The contract calls for the South African firm to produce and market Pepsi Cola in South Africa. Pepsi Cola will receive a royalty on each case of soda sold. This is an example of:

foreign direct investment

a joint venture

a foreign subsidiary

licensing

Page

62

100

Question 62(1 point) Pepsi Cola has entered into a long-term contract

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