Identify the incorrect statement regarding political risk.
A) It can be defined it as the likelihood that political forces will cause drastic changes in a country's business environment that hurt the profit and other goals of a business.
B) It tends to be greater in countries where the underlying nature of the society makes the likelihood of social unrest high.
C) When political risk is high,there is a high probability that a change will occur in the country's political environment that will endanger foreign firms there.
D) In most cases,political change may result in the expropriation of foreign firms' assets.
Correct Answer:
Verified
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