)"The earthquake of 8.9 degrees on the Richter scale that hit Japan in 2011 had consequences that spread out on a global level, given that hundreds of companies- among them Boeing, Honda, and General Motors- whose suppliers were located in Japan, were forced to reduce their production levels drastically and they experienced massive disruptions, which were felt up to the end of that year, causing losses estimated at $240 billion". This is an example of: 1- Systemic risks 2- Market risks 3- Operational risks 4- Credit and liquidity risks