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An Indonesian batik firm is considering opening a branch office in foreign country as a response for a high demand from several countries. The alternative

An Indonesian batik firm is considering opening a branch office in foreign country as a response for a high demand from several countries. The alternative foreign countries for the branch are Myanmar or Vietnam. Assess the economic risk (including currency risk) as well as country risk of each country! Advise the firm CEO on the plan of opening branch in foreign country! (You could add more necessary assumptions)

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