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there are three kinds of political risk: Firm-specific are those risks that affect the MNE at the project or corporate level (governance risk due to

there are three kinds of political risk:

Firm-specific are those risks that affect the MNE at the project or corporate level (governance risk due to the goal conflict between an MNE and its host government being the main political firm-specific political risk in chapter; business risk and FX risk are also in this category)

Country-specific are those risks that also affect the MNE at the project or corporate level but originate at the country level (e.g. transfer risk, war risk, nepotism & corruption)

Global-specific are those risks that affect the MNE at the project or corporate level but originate at the global level (e.g. terrorism, anti-globalization, poverty)

give a recent example of each. Also state financing issues involved with each type of these risks.

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