Firms are often involve in different kinds of trade. Freer trade, advances in information technology, and more global customers are pressuring many large global companies to shift from functional structures to geographically based divisionalized structures.
There are great advances in information technology (IT). Firms often get benefits of free trade in IT as they are able to expand their business into other different new areas with less effective charges.
FTA is known to be very good to optimal sharing of resources in the region as it helps to boast the efficiency of economic activities and also increase the stock of a country's technology.
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Answer:
C. increase in modernization by new investors.
Explanation:
Privatization is the transfer of ownership of property or business owned by government to a private entity.
Privatization generates capital to be invested in strategic areas and help to reduce the continuing drain on future natural resources. The new private investors causes economic growth by modernizing the acquired property or business from the government.
Answer: D) rising;falling
Explanation:
Two important trends in the labor force participation rates of adults aged 20 and over in the United States since 1948 are the rising labor force participation rate of adult women and the falling labor force participation rate of adult men.