Question: A joint venture entails Multiple Choice exporting through an intermediary, which often has the knowledge and means to succeed in selling a firm's products abroad.
A joint venture entails
Multiple Choice
exporting through an intermediary, which often has the knowledge and means to succeed in selling a firm's products abroad.
contracting with a foreign firm to manufacture products according to certain specifications.
having a company handle its own exports directly, but using intermediaries for importing.
a foreign company and a local firm investing together to create a local business.
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