Cross border alliances are formed due to; limited domestic opportunities and the government's foreign economic policies.Select one:TrueFalse

Statement Analysis

The statement claims that cross-border alliances are formed due to:

1. Limited Domestic Opportunities: This suggests that businesses or countries might seek partnerships abroad when they feel growth or development options are insufficient in their home country.

2. Government's Foreign Economic Policies: This indicates that the legal and economic frameworks set by a government can encourage or facilitate cross-border partnerships, impacting international business relations.

Evaluation

• Limited Domestic Opportunities: True. Companies facing saturation or slow growth in their domestic markets often look internationally for expansion and diversification.

• Government's Foreign Economic Policies: True. Government policies can significantly influence international trade and partnerships. Favorable trade agreements, tax incentives, and reduced regulations can promote cross-border alliances.

Conclusion

Both components of the statement are valid, thus making the overall statement True.

Final Answer

True