Macro political risk and micro political risk in international business refer to the risk ________.
A) that will affect all foreign firms and the risk that will affect an individual firm or specific industry, respectively
B) of the devaluation of the host country's currency and the risk of sudden taxes on exporting the manufactured goods of a particular industry, respectively
C) that will affect an individual firm or specific industry and the risk that will affect all foreign firms, respectively
D) of sudden taxes on exporting the manufactured goods of a particular industry and the risk of the devaluation of the host country's currency, respectively
Correct Answer:
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A)
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