Identify a true statement about alliances and joint ventures.

They prevent partners from achieving economies of scale and scope that wuld be easy for a firm operating alone to accomplish.

$$ They are likely to be less favored as a means of doing business in emerging countries.

They fail to help partners overcome the effects of local collusion or limits being put on foreign competition.

$$ They have become popular in recent years because of the significant operational benefits they offer to both multinational companies $($MNCs$)$ and their local partners.