The costs and risks associated with doing business in a foreign country are typically high in an economically advanced and politically stable democratic nation.

Question

Quizplus · Accepted Answer

The statement is incorrect. The costs and risks associated with doing business in a foreign country are typically higher in economically less developed and politically unstable nations. Democracies are usually more stable and predictable, which can reduce risks for businesses.

The Costs and Risks Associated with Doing Business in a Foreign