Sometimes a country’s laws forbid foreigners from owning a business in the nation. In the presence of such laws, a(n) ________ is one way for an American company to have a presence in that foreign country.

Respuesta :

Answer: Joint venture.

Explanation:

In a country that doesn't allow foreign companies to own businesses in them, a joint venture can be created between the foreign company and the local companies in order for the foreign company to have a presence in that country. A joint venture is a form of business formation that involves two or more seperate businesses coming together to form a business establishment, while each business maintains their individual identities.

Q&A Education