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 nationalization of the oil industry and the risk of a political revolution, 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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