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What Is the Benefit of a Joint Venture in a Global

Question 115

Multiple Choice

What is the benefit of a joint venture in a global context?


A) Governmental restrictions are lifted because they are able to tax higher margins.
B) It is easier for the new company to be accepted into the culture.
C) Profits from the investment turn rapidly.
D) The local partner understands the market and has access to vendors.
E) There are never problems with the repatriation of profits.

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