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Based on the EMV criterion, discuss the alternatives or strategy AMECO should pursue in order to maximize their expected savings. For example ( a )

Based on the EMV criterion, discuss the alternatives or strategy AMECO should pursue in order to
maximize their expected savings. For example (a) should they transfer operations to Almeria?; (b)
If they move to Almeria, should they buy political risk insurance for the first five years?; (b) should
they continue operations after the first five years? (c) if they continue operations for the second five
years, should they buy political risk insurance? etc. Explain/justify or provide a reasoning for your
answers.

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