The correct option is (A) Joint ventures.
Joint ventures is/are often a political necessity because of nationalism and government restrictions on foreign ownership.
What is joint venture?
A joint venture is a company founded by two or more people that is typically distinguished by shared ownership, returns and risks, and governance. The types include the following:
Joint Venture Project. The most typical type of joint venture is this one.
Vertical Joint Venture;
Functional Joint Venture;
Horizontal Joint Venture
For instance, Molson Coors and SABMiller, two brewing and beverage businesses, established a horizontal joint venture in 2007 to combine their US assets for the distribution of their beer brands in the US and Puerto Rico.
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