International joint ventures (IJVs) may help foreign firms overcome existing market access restrictions in countries such as China and open up market opportunities that otherwise would not be available.

Question

Quizplus · Accepted Answer

International joint ventures allow foreign firms to partner with local companies, which can provide valuable knowledge and connections in the host country. This can help overcome market access restrictions and open up new opportunities for the foreign firm.

International Joint Ventures (IJVs) May Help Foreign Firms Overcome Existing