3 An example of a joint venture would include @ A Chilean chemical processor exporting raw materials to a new plant in Mexico. The new plant makes concrete and is commonly owned by the Chilean and Mexican firms. b. Wal-Mart expanding over seas by starting a new subsidiary in Brazil to open new Wal-Mart stores. c. Harley Davidson buying component parts for motorcycles from suppliers in Canada and selling finished motorcycles in the Australian market. d. Hershey's Candies producing Kit-Kat bars around the world under an agreement with Nestle which owns the formula and brand name