To minimize exposure to political risk, a multinational firm may establish a joint venture with a local entrepreneur, establish a joint venture with a group of multinationals, or
A) purchase an insurance policy from the Foreign Credit Insurance Association (FCIA) .
B) hedge in the Eurodollar market.
C) purchase an insurance policy from the Overseas Private Investment Corporation (OPIC) .
D) any combination of the above.
Correct Answer:
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