“…3 There is also debate as to whether geography should play the singular/prime role in defining regions, rather than cultural, administrative, political, linguistic, economic, or other factors (Aguilera et al, 2007). Moreover, there is debate as to whether researchers should define the regions ex ante or ex post (Vaaler et al, 2007). 4 For instance, Ghemawat (2001) argues that distance between two countries can manifest along four basic dimensions: cultural, administrative, geographic and economic.…”