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.
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