A joint venture is formed when a firm ____ a new market and ____ its resources with those of a local firm to form a new, shared company.
a. enters; imports
b. exits; pools
c. enters; pools
d. exits; exports
Answer: C
A joint venture is formed when a firm ____ a new market and ____ its resources with those of a local firm to form a new, shared company.
a. enters; imports
b. exits; pools
c. enters; pools
d. exits; exports
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