An arrangement in which a domestic firm partners with a foreign company to create a new entity, thus allowing the domestic firm to enter the foreign company's market, is known as
A)direct ownership.
B)exporting.
C)contract manufacturing.
D)licensing.
E)a joint venture.

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The Answer of An arrangement in which a domestic firm partners with a foreign company to create a new entity, thus allowing the domestic firm to enter the foreign company's market, is known as
A)direct ownership.
B)exporting.
C)contract manufacturing.
D)licensing.
E)a joint venture.

An Arrangement in Which a Domestic Firm Partners with a Foreign