All of the Following Are Potential Advantages of an International

question 23

Multiple Choice

All of the following are potential advantages of an international joint venture except:

• A) Sharing research and development costs among corporations
• B) Forestalling protectionism against imports
• C) Establishing work rules promoting higher labor productivity
• D) Operating at diseconomy-of-scale output levels

---

Definitions:

Standard-Sized Cupboards

Cabinets or storage units that conform to common dimensions used in housing and furniture design.

Exemption Clause

An Exemption Clause is a part of a contractual agreement that seeks to limit the liability of one of the parties in certain situations, effectively exempting them from fulfilling certain obligations or liabilities.

Commercial Transactions

Activities involving the purchasing, selling, trading, and distribution of goods and services among businesses or entities.

Exemption Clause

A clause in a contract that restricts or eliminates the responsibility of one party for specific violations or circumstances.