Intelligentia is attempting to do business in Bazania, but the Bazanian government purposely delays granting Intelligentia the necessary licenses and permissions required to conduct business in the country.Which of the following best describes this situation?

Question

Quizplus · Accepted Answer

Creeping expropriation refers to the gradual but intentional taking over of a foreign company's assets by a government through various means, including delaying or denying necessary licenses and permissions. This is the most accurate description of the situation Intelligentia is facing in Bazania. Nationalization refers to the government taking over ownership of a foreign company's assets, which is not happening in this scenario. Barriers to repatriation refer to limitations on transferring profits or assets out of a country, which is also not mentioned in the scenario. Confiscation refers to the sudden and complete seizure of assets, which is not the case here either.

Intelligentia Is Attempting to Do Business in Bazania, but the Bazanian