Introduction to Political and Economic Risk/Assessment

Assessment
{Which of the following factors do companies find the most difficult to assess when initially trying to penetrate a foreign market? -the need to obtain legal advice on the country in question +evaluating the socio-cultural and socio-economic factors of the foreign environment and the need to visit and assess the foreign environment without being dependent only on information provided -the basic need for the product or potential for foreign trade or investment -the evaluation of country risk and exposure
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{The inability or unwillingness of the buyer to accept delivery of a shipment when it is ready is referred to as -economic risk. -political risk. +commercial risk. -country risk.
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{Fluctuation of exchange rates causing the price products to plummet and causing the seller to renegotiate pricing before shipment would be considered -commercial risk. -country risk. -political risk. +economic risk.
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{Country risk = -political risk + commercial risk. -economic risk + commercial risk. +political risk + economic risk. -commercial risk + transaction risk.
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