Multiple Choice
The ABC Paint Company in the United States has joined forces with the 1-2-3 Plastics Company in Italy to create a nonpeeling,plastics-based paint.Both companies intend to share the research costs and any profits.What is this an example of?
A) a licensing arrangement
B) a branch office setup
C) a strategic alliance
D) a foreign direct investment
E) an import-export relationship
Correct Answer:
Verified
Correct Answer:
Verified
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