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The Acrylic Paint Company in Canada Has Joined Forces with the 1-2-3

Question 37

Multiple Choice

The Acrylic Paint Company in Canada has joined forces with the 1-2-3 Plastics Company in Italy to create a non-peeling, plastics-based paint. Both companies intend to share the research costs and any profits. 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.

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