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When Saudi Aramco and Dow Chemical Announced Their Plans to Construct

Question 33

Multiple Choice

When Saudi Aramco and Dow Chemical announced their plans to construct and operate a new petrochemical facility in Jubail,Saudi Arabia,each with a percentage ownership in the facility,they described a basic _______________________________.


A) international joint venture
B) strategic alliance
C) outsourcing arrangement
D) licensing arrangement

Correct Answer:

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