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earnstyle [38]
3 years ago
14

Country risk assessment should be used when: a. determining whether to establish a subsidiary in a foreign country. b. determini

ng whether to continue business in a foreign country. C. A and B d. none of the above
Social Studies
1 answer:
Nana76 [90]3 years ago
3 0

Answer:

C. A and B

Explanation:

A country risk assessment is a vital step required before considering establishing business in a foreign country. It is also necessary in determining if a business should continue in a foreign country (abroad).

This assessment is both qualitative and quantitative, as it takes into consideration thorough evaluation of the economic, political and social risk of running a business in a foreign country. The country risk assessment helps to determine and monitor hidden risks in a country which also helps a business to properly develop strategies based on the known risk of he country.

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1. Health Care.

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2 ) <u>Defense:</u> Spending on the military and national defense consumes 15% of the national budget. It's important to note, too, that this doesn't count spending on veterans benefits. Our defense spending has increased since 2000. Although spending took a downturn under President Barack Obama, President Donald Trump has signaled he wants to boost it significantly in coming years.

3 ) <u>Interest Payments</u>: This is simply the cost of maintaining our national debt that we end up paying. National debt is always a topic for discussion, and it has risen dramatically with the volatile times over the past few decades.

4 ) <u>Social Security</u>: Social Security investment was, by a long shot, the federal government's single biggest expense. Government spending on social security is consuming about a quarter of the entire federal budget, according to Pew Research.

5 ) <u>Medicare</u>: Medicare eats up a significant portion of the federal budget at 15%. This is one of those health care-related expenditures expected to continue ballooning in coming years— and one that will require some type of reform to fix. Medicare is, of course, incredibly important for a huge portion of the American population, so it's not as easy as making draconian cuts.

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