Question: A consortium differs from a joint venture in that a consortium usually operates in a country in which the participants are already active. does not

A consortium differs from a joint venture in that a consortium
usually operates in a country in which the participants are already active.
does not involve the creation of a separate legal entity.
typically involves a large number of participants.
is formed mainly for executing short-term projects.
restricts the right to hold an equity position by its major partners.

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