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Managing Political Risk

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Can political risk be "managed?" If so, what methods can be used to manage such risk, and how effective are they? Discuss the lengths to which you would go to manage political risk relative to the kinds of returns you would expect to gain.

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This solution describes the importance of managing political risk.

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I think that political risks can be managed, but the primary method by which to manage such risks would be to conduct a carefully detailed cost-benefit analysis, in order to determine what countries would offer the greatest profit ...

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