The practice of country risk assessment is an exercise in understanding the local environment. a. true b. false

The answer is true. It is because a country risk assessment is about having to assess the transfer of currency and in the same time, it is trying to differentiate the circumstances in factors in which we could tell through understanding the local environment.

The correct answer is option b, the  statement is true. The practice of country risk assessment is an exercise in understanding the local environment. Each country has a "country risk" rate, that represents the risk that the country has of going to default its currency. The risk rate is measured as a consequence of economic and sociopolitical volatility,  both circumstances that will make the rate increase. It is used to understand  the local environment of each country so that investors from around the world get an idea of the national market before making a decision.

the secretary of state, appointed by the president with the advice and consent of the senate, is the president's chief foreign affairs adviser. the secretary carries out the president's foreign policies through the state department and the foreign service of the united states.

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the correct answer is :

{b.}   ( american workers lose job opportunities )

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