In what ways and how effectively can governments facilitate the Essay

In what ways and how effectively can governments facilitate the development of major industries and contribute to national competitiveness - Essay lessonThese are preferential traffic agreement that allows free nutrient market access to the member countries. Increase in integration agreements demonstrates motivation of the national governments (Dennis, 2002). This is a strategy to gain advantage of size in market a creating a large market for the major industries and protecting them from outside competition (Hitt Ireland & Hoskisson,1999). Removal of divvy up barriers may lead the firms to realign their organizational structures to focus on a regional market. These integrations will get over to be building blocks in the global economy.The formation international integration like European coalescency liberalized public procurement (Stanley Hoffman, 2002). It likewise reduced the cost of uncertainty of different currencies. Tesco is the UKs leading food retailer, benefits from European Union fewer regulation. Therefore, it has been suitable to penetrate in several countries within the region.United States also entered into a trade agreement with Canada and Mexico, NAFTA to eliminate trade restrictions (UN, 2001). NAFTA also encourages improvement of infrastructures within member states. Wal-Mart was able to enter Mexico market in 1990, and by 2004 it became the largest retail store. This has enabled the Mexico retail sector to grow after the trade easiness under NAFTA. Moreover, NAFTA has necessitated foreign direct investments in Mexico (Paprzycki & Fukao,2008).The Agreement in the Southeast Asia (ASEAN) was formed to publicise multilateral economic cooperation within the Pacific region (Rondinelli, Heffron & Pacific Basin Research Center, 2007). The leaders attached themselves to achieving free and open trade in the region. BYD also has benefited from zero tariffs under the free trade liberalization between China and ASEAN.The market systems are the drivers on the national economic growth and ways with which private enterprise