Question

When both the countries enter into a mutual exchange of technology and patents, it is known as ________. (Fill in the blank by choosing correct option)
a) Licensing
b) Cross-licensing
c) Manufacturing

Answer 1

B) Cross licencing

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Answer 2

Answer:

(b) Cross-licensing

Explanation:

It is a type of agreement, this type of agreement between two different parties. In this agreement, all rights provided to the individual parties. This is very important for all parties if any type of problem creates between two parties then this agreement better deal. All parties always separate from cross-licensing because it is a very difficult issue for all parties.