"BRIC" is an acronym for ________. A: Brazil, Russia, India, and China B: Bolivia, Russia, Indonesia, and China C: Brazil, Russia, Indonesia, and China D: Bolivia, Russia, India, and Canada

A Coca-Cola bottling plant in Bolivia is wholly owned by a local businessperson. What kind of venture is this plant likely to be? A: franchise B: a licensed plant C: a foreign subsidiary D: a joint venture