In a(n)________, two or more U.S. small businesses form an alliance for the purpose of exporting their goods and services. The companies get antitrust immunity and share responsibility for the business equally.
A)foreign joint venture
B)trade intermediary
C)domestic joint venture
D)export management company

Question

Quizplus · Accepted Answer

A domestic joint venture is an agreement between two or more U.S. small businesses to jointly export their products and services. This allows them to share the costs and risks associated with exporting, while also benefiting from each other's expertise and resources. As a joint venture, the companies share responsibility for the business equally, and may be eligible for antitrust immunity under certain circumstances. This can help them avoid legal issues related to collaboration and collective action.

In A(n)________, Two or More U