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With _____,A Domestic Firm Assumes an Equity Position (Partial Ownership)in

Question 108

Multiple Choice

With _____,a domestic firm assumes an equity position (partial ownership) in a foreign firm to manufacture and/or market the domestic company's goods.


A) direct investment
B) a joint venture
C) a buying-for-export agreement
D) a contractual agreement
E) a franchise relationship

Correct Answer:

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