An Advantage of Joint Ventures in the International Marketplace Is

An advantage of joint ventures in the international marketplace is that

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) The 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 these are advantages of joint ventures.