What Is Political Risk? Give an Example of How Political

question 69

Essay

What is political risk? Give an example of how political risk can affect an MNC.

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Definitions:

Utility Function

A mathematical representation in economics that captures the satisfaction or utility a consumer derives from consuming goods or services.

Butter

A dairy product made from churning cream or milk, containing a high percentage of fat and used as a spread or in cooking.

Guns

Firearms designed to discharge projectiles at high velocities, commonly associated with defense, hunting, and sports.

Price

The fiscal valuation presumed, demanded, or paid out in purchase of a product.