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    Exam 4: Managing in a Global Environment
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    A Domestic Firm and a Foreign Firm Sharing the Cost
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A Domestic Firm and a Foreign Firm Sharing the Cost

Question 2

Question 2

Multiple Choice

A domestic firm and a foreign firm sharing the cost of developing new products or building production facilities in a foreign country is called a ________.


A) brokering agreement
B) joint venture
C) franchising agreement
D) foreign subsidiary

Correct Answer:

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