Explanation
When you sign up for Oracle Cloud Infrastructure, Oracle creates a tenancy for you in one region. This is your home region. Your home region is where your IAM resources are defined. When you subscribe to another region, your IAM resources are available in the new region, however, the master definitions reside in your home region and can only be changed there.
When you subscribe your tenancy to a new region, all the policies from your home region are enforced in the new region. If you want to limit access for groups of users to specific regions, you can write policies to grant access to specific regions only.

Explanation
Resource Manager is an Oracle Cloud Infrastructure service that allows you to automate the process of provisioning your Oracle Cloud Infrastructure resources. Using Terraform, Resource Manager helps you install, configure, and manage resources through the "infrastructure-as-code" model.
A Terraform configuration codifies your infrastructure in declarative configuration files. Resource Manager allows you to share and manage infrastructure configurations and state files across multiple teams and platforms. This infrastructure management can't be done with local Terraform installations and Oracle Terraform modules alone. For more information about the Oracle Cloud Infrastructure Terraform provider, see Terraform Provider. For a general introduction to Terraform and the "infrastructure-as-code" model, see https://www.terraform.io.