Question

In: Economics

Godcare, an insurance firm based in California, had difficulties expanding their operations to Asian markets as...

Godcare, an insurance firm based in California, had difficulties expanding their operations to Asian markets as most of their target countries had strict regulations on transferring the details of the customers among the different branches of the firm. The company had to obtain an approval from its customers before sharing their personal information with its branches in other countries. Which of the following barriers is most likely to have affected the services of Godcare in the given scenario?

Protectionism

Control on transborder data flows

Protection of intellectual property

Cultural requirements for adaptation

Language translation barriers

Solutions

Expert Solution

"B"

Control on trans border data flow, as there are strict restriction on the transfer of data and personal information with its branches in other nations it will be considered as control on transborder data flow.


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