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In the context of data governance within an Azure Databricks environment, a multinational corporation is planning to expand its operations into a new country with strict data protection laws. The corporation must ensure that all customer data collected within this country is stored and processed within its geographical boundaries to comply with local regulations. Considering the need for cost-effectiveness, scalability, and compliance, which of the following best describes the concept of data sovereignty and its importance in this scenario? (Choose one correct option)