Which of the following is NOT a method of entering foreign markets?

Nationalization is the correct choice as it does not represent a method of entering foreign markets. Instead, nationalization refers to the process by which a government takes ownership of private assets or companies within its jurisdiction. This action typically occurs after a company has already established its presence in the market and is often a result of political or economic shifts within a country.

In contrast, franchising, exporting, and wholly owned subsidiaries are recognized methods for businesses to enter foreign markets. Franchising allows a company to expand internationally by allowing foreign entities to use its brand and business model in exchange for fees and profits. Exporting involves producing goods in one country and selling them in another, thus facilitating international market entry without the need for a physical presence. Wholly owned subsidiaries involve establishing or acquiring a company in a foreign country, providing complete control over operations and assets. These methods are strategic approaches that businesses use to expand their reach and tap into new markets.