The likelihood that a society will undergo political changes that negatively affect local business activity is known as ________.

Question

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Political risk refers to the likelihood that a society or country may undergo political changes that negatively affect local business activity. This can include changes in government policies, political instability, acts of terrorism, and other political disturbances that can disrupt business operations and investments. It is an important factor for businesses to consider when making investment decisions or expanding operations into new markets.

The Likelihood That a Society Will Undergo Political Changes That