Which of the following is an NOT an example of a cross-border alliance?
A) A New York-based wine importer and an Australian wine producer create and market the Yellowtail wine brand.
B) Pharmaeutical giants Eli Lilly and Kyowa Hakko Kogyo develop and perform clinical tests of a new cancer treatment called therapyyo.
C) The insurance company Geico is a wholly owned subsidiary of Berkshire Hathaway.
D) Western Union purchases the global payments division of British-owned Travelex Ltd.
E) Lidl, a German deep-discount supermarket chain, establishes a new wholly-owned venture with a supermarket chain in Poland.
Correct Answer:
Verified
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