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________ is a method of entering a foreign market that involves a company coming together with a foreign company to produce or market products or services.

1 Answer

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Answer:

The correct word for the blank space is: Joint venturing.

Step-by-step explanation:

Two or three international companies plan to provide capital and resources to a common project in a Joint Venture. Developers, manufacturing companies, and service providers usually form a joint venture. Both groups, if successful, split the profits based on the value of their respective contributions to the joint venture.

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User Amos Long
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