Asked by
Annalisa De Tello
on Dec 02, 2024Verified
Political risk is the chance that:
A) a government will take property owned by a foreign company.
B) terrorists will destroy property owned by a foreign company.
C) a government will change its country's laws in ways that disadvantage foreign companies.
D) All of these are examples of political risk.
Political Risk
The risk associated with changes in government policy which may negatively affect domestic and foreign businesses.
Disadvantage
This refers to an unfavorable condition or circumstance that reduces the chances of success or effectiveness.
- Understand the concept of political risk and how it impacts international business.
Verified Answer
MO
Learning Objectives
- Understand the concept of political risk and how it impacts international business.
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