The Type of Risk That Includes Controls on Exports,imports,controls on the Movement

question 15

Multiple Choice

The type of risk that includes controls on exports,imports,controls on the movement of currency,restrictions on licensing and investment,and controls over physical property located in a country is:

• A) legal risk.
• B) political risk.
• C) economic risk.
• D) currency risk.

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Definitions:

Treaties

Formal agreements between countries that are governed by international law.

Foreign State

A foreign state refers to a country that is recognized as an independent nation and operates under its own government, distinct from the state in which a legal judgment or context is being considered.

Civil Actions

Legal proceedings initiated by a private individual or entity seeking to enforce a right or redress a wrong, rather than to prosecute a criminal act.

Commercial Activity

Any type of business or transaction engaged in for the purpose of generating profit.