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6. the above policies against the hazard of political risks One particular type of political risk that with the abuse of public office for private

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6. the above policies against the hazard of political risks One particular type of political risk that with the abuse of public office for private MINCs and investors may face is corruption associated a benefits. A. Investors may often encountes bureaucratic Doow may lose officials for encounter demands for bribes from politicians a contracts and smooth bureaucratic processes. B. If companies refuse to make grease payments, they may face difficult bureaucratic red tape. C. They may risk violating laws or being embarrassed when the payments are discovered and embarras reported in the media. D. All of the above Once a MNC decides to its exposure to political risk. These include 7. undertake a foreign project, it can take various measures to minimize A. the MNC can form a joint venture with a local company. B. the MNC may also consider forming a consortium of international companies to undertake the foreign project. C. the MNC can use local debt to finance the foreign project. D. the MNC may purchase insurance against the hazard of political risk. E. all of the above Page 2 of 10

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