____________is the form of international business involvement in which a domestic and a foreign firm share the costs of developing new products or building production facilities in a foreign country.
A)A Joint venture
B)International brokering
C)An Importing agreement
D)Direct investment

Question

Quizplus · Accepted Answer

A joint venture is a strategic alliance where two or more parties, usually businesses, form a partnership to share markets, intellectual property, assets, knowledge, and, of course, profits. In a joint venture, each of the participants is responsible for profits, losses, and costs associated with it. The venture is its own entity, separate from the participants' other business interests.

____________Is the Form of International Business Involvement in Which a Domestic