As a general rule, the Chinese government allows foreign companies to participate in its market only if those companies agree to establish operations with local Chinese enterprises. Which market entry mode would be the appropriate choice under these circumstances?

a. acquisition
b. licensing
c. joint venture
d. exporting
e. franchising

C

Explanation:

Lets understand the terms given in simple language, first.

In this problem, we see that Chinese companies wants a part of foreign companies when they want to do business in China. That means, both foreign and Chinese company do business together.

We can rule out acquisition, exporting, franchising immediately.

Licensing is rules out as well because they are doing it "TOGETHER", that can mean only "joint venture".

C is the correct choice.

the answer is d i just took the test (provides the number of allowances an employee has claimed.)