U.S.-based MNCs could avoid country risk by simply avoiding international business.

Question

Quizplus · Accepted Answer

Country risk refers to the potential loss or harm that a company may suffer due to political, economic, and social instability in the countries where it operates. While avoiding international business may reduce country risk, it would also limit the opportunities for growth, expansion, and diversification that global markets offer to MNCs.

US-Based MNCs Could Avoid Country Risk by Simply Avoiding International