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An Advantage of Joint Ventures in the International Marketplace Is

Question 95

Multiple Choice

An advantage of joint ventures in the international marketplace is


A) the local partner may have a greater knowledge of local consumer tastes and preferences.
B) the local partner may have a greater understanding of local business practices and regulations.
C) costs of developing the new market are shared with the joint venture partner.
D) the risks of entering the new market are shared with the joint venture partner.
E) All of the above are advantages of joint ventures.

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