L&W Ltd. is a company headquartered in London that manufactures sports shoes. The firm operates across different countries. In Libya, the decisions regarding the products and services of the firm's production unit such as the prices, promotional methods, etc. are constantly controlled by the government. This implies that the firm is encountering a(n) :
A) cultural risk.
B) default risk.
C) legal risk.
D) political risk.
E) lifetime risk.
Correct Answer:
Verified
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