International joint ventures can lead to welfare losses when the newly established firm
| A. | adds to the pre-existing productive capacity |
| B. | enters markets neither parent could have entered individually |
| C. | yields cost reductions unavailable to parent firms |
| D. | gives rise to increased amounts of market power |
Answer : D Explanation : |
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Option: A Explanation : Explanation will come here. Explanation will come here. Explanation will come here. Explanation will come here. Explanation will come here. |
