Question

What are examples of types of products that are currently being manufactured by joint ventures between the U.S., Canada, Mexico, and developing countries

Answer 1

Answer:

Uber Taxi

Star Bucks

Tata Global Beverages

Siemens and Nokia

Alibaba

Explanation:

Joint venture is the business in which there are two or more parties who shares the ownership. The business management may be mutually decided. There are many examples of Joint ventures in the world. Uber Taxi is one of the finest example of joint venture where Volvo vehicles shares the ownership. The joint venture reduces the investment cost for both the parties. The business can be quickly spread in the world by the efforts of two or more parties that form the joint venture.