What is the difference between political risk and sovereign risk?
What will be an ideal response?
Answer: Political risk is the possibility of a government adversely affecting the return of a foreign investment or the cash flows of an MNC. Sovereign risk on the other hand is the risk that the government will default on payments of its sovereign debts.
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Assets such as patents, copyrights, and trademarks are intangible assets
a. True b. False Indicate whether the statement is true or false
The removal of program errors is called debugging
Indicate whether the statement is true or false
Which of the following is a disadvantage of smaller groups?
A. Unfair work distribution B. Autocratic leadership C. Lower morale D. Tendency to form cliques E. Tendency to take unreasonable risk
Applying the lower-of-cost-or-market rule follows which of the following accounting conventions?
a. Full disclosure b. Matching c. Materiality d. Conservatism