The correct option is (A) Joint ventures.
Joint ventures is/are often a political necessity because of nationalism and government restrictions on foreign ownership.
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What is joint venture?</h3>
A joint venture is a business that was started by two or more persons and is often characterised by shared control, ownership, and returns. The following types are among them:
Joint Venture Project. This is the kind of joint venture that is most common.
Vertical Joint Venture;
Functional Joint Venture;
Horizontal Joint Venture
For instance, in order to pool their US assets for the distribution of their beer brands in the US and Puerto Rico, two brewing and beverage companies, SABMiller and Molson Coors, launched a horizontal joint venture in 2007.
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