A U.S.company agrees with a foreign company to start a new enterprise together in a foreign country, sharing the risks and the rewards.This is called a
A)countertrade.
B)greenfield venture.
C)wholly owned subsidiary.
D)strategic alliance.
E)maquiladora.

Question

Quizplus · Accepted Answer

A U.S.firm may form a joint venture, also known as a strategic alliance, with a foreign company to share the risks and rewards of starting a new enterprise together in a foreign country.

A USCompany Agrees with a Foreign Company to Start a New