Question

In nations undergoing economic development the level of political risk internationalizing firms must deal with tends to be greater than it is in countries that are already significantly industrialized, Question 22 Answer saved Marked out of 8 F Flag question Select one: True False Previous page

Answer 1

(1) True. This would be because nations undergoing economic development, i.e. developing economies, tend to have relative unstable political conditions as compared to industrialised economies. Political risk and resistance hence, is more common in developing economies.

(2) Totalitarianism. All of the other three forms indicate the absence of concentration of power with one person/one government.

(3) False. The less stringent product liability laws tend to exist in developing nations due to more ignorance and poor training, i.e. lower education levels.