Question

(p. 69) McHugh Corporation of Ireland and Enomoto Enterprises based in Japan have undertaken the production of a new electric car with rechargeable batteries that can be driven at high speeds for long distances. They have shared the investment, and each has contributed important technological expertise to the effort. These two firms have entered into a(n):
A. joint venture.
B. multinational cartel.
C. industrial countertrade agreement.
D. multinational limited partnership.

Answer

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