Multiple Choice
A joint venture takes place when a company
A) chooses to grant a foreign firm the means to produce and sell its product.
B) launches another company which it partially or completely owns in a foreign country.
C) designates a national firm or an individual of the host country as its legal representative.
D) invests in a country by engaging in business with an entity from that country.
E) invests in two businesses that are related to each other in its home country.
Correct Answer:
Verified
Correct Answer:
Verified
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