____ is the form of international business involvement in which two or more firms have an equity position in an operation.
A) A joint venture
B) Direct investment
C) A maquiladoras arrangement
D) A strategic alliance
E) International brokering

Question

Quizplus · Accepted Answer

A joint venture is a business agreement in which two or more firms agree to pool resources and share risks and rewards of a particular business undertaking. This involves an equity position in the operation. Direct investment refers to a company directly investing in and owning a subsidiary or facility in a foreign country. A maquiladoras arrangement refers to a specific type of manufacturing operation in Mexico. Strategic alliances involve cooperation between firms without the formation of a new entity. International brokering refers to the facilitation of international trade between buyers and sellers.

____ Is the Form of International Business Involvement in Which