Which Statement Is False Regarding Joint Ventures

Multiple Choice

Which statement is false regarding joint ventures?

A) Joint ventures are a preferred international entry mode for emerging markets.
B) When a joint venture has a state-owned enterprise as a partner it is assured instant local access.
C) It is typical for joint ventures to take place between an international firm and a state-owned enterprise.
D) Joint ventures are frequently discouraged by local governments because of the monopoly-like power that they wield.