The Acrylic Paint Company in Canada has joined forces with the 1-2-3 Plastics Company in Italy to create a non-peeling,plastics-based paint.Both companies intend to share the research costs and any profits.This an example of
A) a licensing arrangement.
B) a branch office setup.
C) a strategic alliance.
D) foreign direct investment.
E) an import-export relationship.
Correct Answer:
Verified
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