Sorry i don’t speak English
Answer:
creates a globalization of markets
Explanation:
Renata is traveling across Europe and is surprised to find Starbucks, McDonald's, and Coca-Cola in nearly every city she visits. This shows a convergence of consumer tastes which creates a <u>globalization of markets</u>.
Globalization of market is achieved when goods become global, they can be found anywhere in the world. This is achieved by marketing and the spread of brands and businesses.
Explanation:
If richer regions can attract more investment than poorer regions because of their larger ex ante tax bases, then fiscal federalism adversely affects the growth prospects of poorer regions by reducing the resources available for either central or regional governments to fund valuable projects in poorer regions.Often geographical constraints, market imperfections, government policies, a lack of law & order, identity, per capita income and various socio-economic reasons can contribute to regional disparity such that some regions are more backward than other areas falling within the same nation
(hope it helps)
