In Terms of Political Risk, Which of the Following Poses

question 72

Multiple Choice

In terms of political risk, which of the following poses the greatest threat to international marketers?

• A) Newer environmental regulations approved by global trade bodies
• B) Change of economic policies
• C) Exchange rate fluctuations affecting margins
• D) The possibility of the government actually failing
• E) Membership or withdrawal of membership of the government in trade blocs

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Definitions:

Manufacturer Negligent

A situation when a manufacturer fails to ensure the safety and efficacy of their product, resulting in harm to consumers.

Failing To Warn

The legal culpability faced by an entity for not properly informing consumers or users of a product's latent dangers or risks, potentially leading to harm.

Ease Of Warning

The simplicity with which potential risks or dangers can be communicated to the public or stakeholders.

Strict Product Liability

A legal doctrine that makes manufacturers, distributors, or retailers liable for damages caused by defective products, regardless of fault or negligence.