With a __________________, the foreign company agrees to share equity and other resources with other partners to establish a new entity in the target country.

Question

Quizplus · Accepted Answer

The description perfectly matches the definition of a joint venture, where a foreign company collaborates with local partners to form a new joint entity in the target country. A contract manufacturing agreement involves outsourcing the production process to a third-party manufacturer. Parallel exporting agreement pertains to exporting products through unauthorized channels. Cooperative exporting agreement refers to a partnership between two or more companies to export products. An export management company addresses export activities on behalf of another company.

With a __________________, the Foreign Company Agrees to Share Equity