When Argentina's president nationalized the oil industry without consideration for the foreign companies operating there,the loss to the foreign countries was considered a __________ risk.

Question

Quizplus · Accepted Answer

The act of nationalizing the oil industry without considering foreign companies operating there is a political risk. Political risk refers to the potential impact on a company's value resulting from political decisions, events, or changes in the political environment in a country, which affect the business operations of the company.

When Argentina's President Nationalized the Oil Industry Without Consideration for the Foreign