In India, Starbucks is collaborating with a local company called Tata in order to expand Starbucks stores throughout the country.

In India, Starbucks is collaborating with a local company called Tata in order to expand Starbucks stores throughout the country. Together the two companies have formed a new business unit and Starbucks owns 50 percent of this company. This would be an example of a __________________________.
licensing agreement
joint venture
trading partnership
franchising agreement
unlimited partnership