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What strategy is often followed when access to the market is limited by high tariffs or non-tariff barriers, when shipping costs are prohibitive, or when the exporter is not interested in pursuing the market?

User Chalda
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1 Answer

4 votes

Answer: licensing

Step-by-step explanation:

Licensing is a form of business arrangement whereby an organization gives room for another organization to produce its product or render its services for a particular amount.

The strategy is often followed when access to the market is limited by high tariffs or non-tariff barriers, when shipping costs are prohibitive, or when the exporter is not interested in pursuing the market.

User Willi Mentzel
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