Small companies typically have difficulty competing against large multinationals when their governments take part in regional trade blocs. What could governments do to help their small companies compete after the formation of such blocs?© BrainMass Inc. brainmass.com November 30, 2021, 3:46 am ad1c9bdddf
There are several different views that are available for this topic. Please note the following information is only as a reference.
Trade bloc by nations can cause high number of issues and can leave the small businesses stunted. The various issues include -
a) high competition,
b) loss of employees, and
c) also the lack of appropriate material from the regional suppliers.
The government plays a very important role in providing assistance to the companies. These include:
a) Provide assistance for the short term funding and provide good ...