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Describe situations in which a joint venture would benefit a company involved in international business

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Should a company become involved in international business, it could take advantage of their tax structure to maximize profits

A corporation that does worldwide business might profit from a joint venture.

Many of the advantages of foreign joint ventures include the possibility to gain additional training and knowledge, as well as the ability to engage into related business or new international regions based on geographical, as well as the acquisition of new technology and knowledge.

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