CirctBat Ltd produces high standard cricket bat in Australia and exports them to India.It also has an ongoing joint venture with an Indian firm that produces some sporting goods for a fee.CricBat is considering to establish a small subsidiary in India.

1. Dose CirctBat Ltd subject to the country risk(2 Points)
2. What economic variables would indicatethe country risk present in a particular country? (3 Points)
3. Describe two methods that CirctBat Ltd can used to assess the country risk in India.(3 points)
4. Explain how CirctBat Ltd can use the country risk assessment information in decision making.(2 Points)