Hrotton Pumps, a leading pump manufacturer in Lisdon, decides to enter the Kuwain market. It enters into a joint venture with Pecu Manufacturers, a company located in Kuwai. Which of the following statements is true in this scenario?
A) The joint venture will not permit sharing of costs between Hrotton Pumps and Pecu Manufacturers.
B) Hrotton Pumps will have the opportunity to leverage local knowledge.
C) Hrotton Pumps will have increased chances of facing political risks in the new country.
D) The joint venture will guarantee protection of intellectual property for both Hrotton Pumps and Pecu Manufacturers.
Correct Answer:
Verified
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