joint venture
举一反三
- The two firms agreed to（）a joint venture in China.
- We are a joint venture specializing in the ( ) and export of textiles.
- We have noticed the Dutch producers（）a joint venture agreement with Chinese firms.
- Compared with the joint venture, the wholly-owned subsidiary is a less risky mode of entering foreign markets.
- A Coca-Cola bottling plant in Bolivia is wholly owned by a local businessperson. What kind of venture is this plant likely to be? A: franchise B: a licensed plant C: a foreign subsidiary D: a joint venture