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Anheuser-Busch Created a Joint Venture with Kirin Brewery,the Market Leader

question 45

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Anheuser-Busch created a joint venture with Kirin Brewery,the market leader.Anheuser-Busch's 90 percent stake in the venture entitled it to market and distribute beer produced in Los Angeles.


Definitions:

Gulf War

A conflict that took place in 1990-1991, where a coalition led by the United States fought against Iraq after its invasion of Kuwait.

Kuwait

A country located in the Middle East at the tip of the Persian Gulf, known for its significant oil reserves.

Diplomacy Dynamics

The interplay and strategy among states and international actors to achieve foreign policy objectives through negotiation and dialogue.

Negotiate

To attempt to reach an agreement or compromise through discussion with others, particularly in the context of business, politics, or international relations.

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