Which of the Following Is an NOT an Example of a Cross-Border

question 25

Multiple Choice

Which of the following is an NOT an example of a cross-border alliance?

• A) A New York-based wine importer and an Australian wine producer create and market the Yellowtail wine brand.
• B) Pharmaeutical giants Eli Lilly and Kyowa Hakko Kogyo develop and perform clinical tests of a new cancer treatment called therapyyo.
• C) The insurance company Geico is a wholly owned subsidiary of Berkshire Hathaway.
• D) Western Union purchases the global payments division of British-owned Travelex Ltd.
• E) Lidl, a German deep-discount supermarket chain, establishes a new wholly-owned venture with a supermarket chain in Poland.

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Definitions:

Welfare Benefits

Financial or material aid provided by the government to individuals or groups in need.

Medicare

A federal health insurance program in the United States primarily for people aged 65 and over, as well as for some younger people with disabilities.

Medicaid

A social health care program for families and individuals with low income and resources in the United States.

New Deal

A series of programs, public work projects, financial reforms, and regulations enacted by President Franklin D. Roosevelt in the 1930s to respond to the Great Depression.