Please answer one of the following questions:In a world of zero transportation costs, no trade barriers, and non-trivial differences between nations with regard to factor endowments, firms must expand internationally if they are to survive. Discuss.In what kind of industries does a localization strategy make sense? When does a global standardization strategy make most sense?What do you see as the main organizational problems that are likely to be associated with the implementation of a transnational strategy?Please remember to include an additional source Grading will be as follows:Post a thorough response:Include substantive content- 5 pointsInclude a valid internet resource to substantiate your response – responses that do not include a valid resource will earn a “0”One or two paragraphs for your selected questionYour response should be free of grammar and spelling errors