Increasing privacy and security concerns coupled

Solution

Here, ‘implications/indications’ is correct. Implication- an occasion when you seem to suggest something without saying it directly. Since no article (a, an or the) is used before ‘natural’, we can understand that the following noun will be in plural form. Options 3 and 5 are incorrect. Natural deceit is incorrect. Also, hoardings/ hoardings won’t fit the context. Increasing privacy and security concerns coupled with economic interests have compelled governments to institute rules and standards that govern and restrict cross-border flows with natural implications/indications for negotiations on global trade and commerce.