Political risk is associated with political changes that may negatively impact domestic and foreign firms. Which statement about political risk is correct?
A) Political risk only exists in communist countries.
B) Firms operating in democracies never confront political risk.
C) Firms operating in democracies are subject to political risk.
D) Political risk is a myth.
Correct Answer:
Verified
Q30: A pure command economy is:
A) Characterized by
Q31: _ had been embraced throughout Central and
Q32: The government taking a hands-off approach is
Q33: The institution-based view of global business focuses
Q34: Civil law can be best described by
Q36: _ are defined as rights associated with
Q37: An institutional framework is made up of:
A)
Q38: Jewish and Islamic law are examples of:
A)
Q39: IPRs primarily include rights associated with:
A) Copyrights
B)
Q40: _ refers to the internalized, taken-for-granted values
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