Q. If a foreign country follows the "Purchase Homemade Products" philosophy, the least effective strategy would be for a UK firm to: (Solved)
1. use a licensing arrangement with a local firm in that country.
2. enter into a joint venture in that country.
3. develop a subsidiary (under the US name) that manufactures and sells products in that country.
4. develop a subsidiary (under the US name) that manufactures products in that
- c. develop a subsidiary (under the US name) that manufactures and sells products in that country.