In recent years, "country risk analysis" has become an important part of international business. What do we mean by "country risk"? Briefly explain the factors that are involved in a country risk analysis
What will be an ideal response?
The risk of non-payment due to political and economic factors existing in a country. Factors would include a list of economic and political variables that could affect repayment.
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The profit maximizing rule P = MC applies to:
A. both perfectly competitive firms and imperfectly competitive firms. B. all firms. C. perfectly competitive firms only. D. monopolists only.
Which of the following is a real quantity?
A. The cost of a new car B. The current price of a barrel of oil C. The number of tons of steel produced in 2005 D. The current wages paid to factory workers
Starting from long-run equilibrium, a large tax cut will result in a(n) ________ gap in the short-run and ________ inflation and ________ output in the long-run.
A. expansionary; higher; higher B. expansionary; higher; potential C. recessionary; higher; potential D. recessionary; lower; lower
Between 1900 and 2007, the ratio of actual to natural real GDP hit its low point in
A) 1933. B) 1904. C) 1944. D) 1982.