From the following, please match the category with its corresponding specification
There are various drivers for the scale and scope of globalization.
From the following, please match the category with its corresponding specification.
Category
1. Liberization of Cross- Border Trade and Resource Movement
2. Changes in Political Situations and Government Policies.
3. Increased Global Competition
Corresponding Specifications: (Select ONLY one that applies for each category
A)Over time most governments gave lowered restrictions on trade and foreign investment in response to expressed desires of their citizens and producers. The primary motives for this change include giving citizens greater consumer choice and lower prices, international competition making domestic producers more efficient, and the hope that liberalization will cause other countries to also lower trade barriers.
B) The pressure of increased foreign competition often persuade firms to expand internationally in order to gain access to foreign opportunities and to improve their overall operational flexibility and competitiveness. How companies can become global players can be discussed using the term born-global companies and clustering.
C) The transformation of political and economic policies of Eastern Europe, Vietnam, Myanmar, and China has led to vast increases in trade between those countries and the rest of the world. In addition, the improvements, in national infrastructure and the provision of trade-related services by governments the world over have further led to substantial increases in foreign trade and investment levels.
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