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Discuss the Different Sources of Political Instability and Types of Political

question 15

Essay

Discuss the different sources of political instability and types of political risk faced by international marketers.


Definitions:

Treaty of Friendship

A formal agreement between two or more nations emphasizing mutual respect and cooperation, often to promote peaceful relations and alliance.

Soviet Union

Previously a socialist federation located in Eastern Europe and Northern Asia, the Union of Soviet Socialist Republics (USSR) operated from 1922 until its dissolution in 1991.

Markov Model

A statistical model used to predict the probability of different states or events in the future, based on the current state and historical transitions.

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