I believe the answer is: Data privacy
In order to bridge the gap, one of the thing that European business leaders do is transferring the data collecting operator from American company to local businesses . By doing this, the Amercan companies do not need to be involved in european laws that do not fully understood by the lawyers in their retainer.
<em><u>Expansionary Monetary Policy is pursued by Federal Reserve.</u></em>
<u>Explanation:</u>
Expansionary Monetary is a macroeconomic policy which takes an action on economic growth of the country. Expansionary policy can be either monetary policy or fiscal policy or combination of both. Its increases the money supply, boosts aggregate demand and lowers the interest rates.
It deters the contractionary phase of the business cycle. It’s even included that policy’s purchases of government securities and reduction in the ration of reserves, the other point is discount rate decreases.
