Tebeau Partners of France and Morimoto Management Based in Japan

Multiple Choice

Tebeau Partners of France and Morimoto Management based in Japan recently produced a new electric car with rechargeable batteries that can be driven at high speeds for long distances. They shared the investment, each contributing important technological expertise to the effort. These firms entered into a(n) ________ to build this car.

A) joint venture
B) multinational cartel
C) industrial countertrade agreement
D) multinational limited partnership