This international business strategy is generally the most expensive commitment that a firm can make to an overseas market because it normally involves the building of manufacturing plants, and it is typically driven by the economic and business dynamics of the target market.

Outsourcing

Franchising

Licensing

Foreign Direct Investment

uestion $55(1$ point$)$

During $2018,$ US appliance manufacturers claimed that Korean appliance manufacturers were selling products imported to the US below the price that US producers normally charge. This practice by the Korean manufacturers is known as what?

Licensing

Dumping