Multiple Choice
Ericsson is a Swedish telecommunications firm. GCCT is a French electronics switch manufacturer. With the use of Ericsson's money and technology and GCCT's knowledge of the French market, the two companies created a new entity and beat out Northern Telecom for a $100 million contract with the French government. What is the relationship between the two companies an example of?
A) contract manufacturing
B) exporting
C) direct investment
D) a joint venture
Correct Answer:
Verified
Correct Answer:
Verified
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