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France's Thomson Electronics Combined with China's TCL to Form TCL-Thomson

Question 84

Multiple Choice

France's Thomson Electronics combined with China's TCL to form TCL-Thomson Electronics.Thomson owns 33% and TCL owns the remaining 67% of TCL-Thomson Electronics.This is best described as a(n) ________.


A) turnkey operation
B) acquisition
C) international licensing agreement
D) equity strategic alliance

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