In Which Type of Joint Venture Do the Parties Choose

question 207

Multiple Choice

In which type of joint venture do the parties choose to invest together in downstream business activities?

• A) Backward integration
• B) Multistage
• C) Forward integration
• D) Buyback

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Definitions:

Tariff

A tax imposed on imported goods, usually to protect domestic businesses and market from foreign competition.

Liberalization

The process of reducing government regulations and restrictions in an economy to encourage more business activities and investments.

GATT

General Agreement on Tariffs and Trade, a legal agreement minimizing barriers to international trade.

Tariff

A tax imposed on imported goods and services, typically to restrict trade, increase government revenue, or protect domestic industries.