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Question
Turnkey projects being short-term propositions can be disadvantageous for a firm if a country subsequently proves to be a major market for the output of the process that has been exported. The firm can get around this problem by:
A. selling competitive advantage to competitors.
B. competing with the local firm in the global market.
C. taking a minority equity interest in the operation.
D. withholding vital process technology from the local firm.
E. establishing a joint venture with a local firm.
Answer
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