The Key Element of Political Risk of Greatest Concern for Global

question 37

Multiple Choice

The key element of political risk of greatest concern for global companies is ________.

• A)the cost of transporting materials and goods
• B)unforeseen political change
• C)currency and liquidity problems
• D)letting past political events blind future opportunities

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Definitions:

Productivity

The efficiency of production measured by the output per unit of input, such as labor or capital, influencing economic growth and living standards.

Units of Output

The measurement of production amount, typically quantified in terms of units produced.

Average Worker

The term "average worker" typically refers to a hypothetical or statistical individual whose job characteristics (wages, hours worked, skills) represent the mean or median of a larger group.

Business Cycle

The natural rise and fall of economic growth that occurs over time, marked by periods of expansion, peak, recession, and recovery.