which one is the correct answer $1.$ Local Economy vs$.$ Local Responsiveness When expanding into China, your team is looking for the best way to apply a regionalization strategy. Which of these factors will be most important in IKEA$$s efforts to regionalize its stores? Focus on lowering its product price points by up to $70\%$ to maintain competitiveness in China Create a new line of balcony furniture for the Chinese population that lives primarily in apartments, emphasizing the functionality of their balconies