Political stability is an important factor for international firms because no business wants to set up shop in another country unless trade relationships with that country are well defined and stable.

Question

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Political stability is crucial for international firms as it ensures business continuity without any disruptions due to sudden changes in government policies, regulations, or any other political factors. This helps firms to make long-term plans and investments confidently, contributing to the economic growth of both countries.

Political Stability Is an Important Factor for International Firms Because