Since country risk is constantly changing and events in other parts of the world are largely unpredictable, country risk analysis is not important for MNCs.

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Country risk analysis is incredibly important for MNCs as it helps them assess the potential risks and opportunities of doing business in a particular country. This includes analyzing political, economic, and social factors that may impact the organization's operations and profitability. While country risk is constantly changing and unpredictable events can occur, MNCs cannot afford to ignore these potential risks and must continually monitor and analyze them to make informed business decisions.

Since Country Risk Is Constantly Changing and Events in Other