When discussing emerging market risks, which of the following is correct?

Select one alternative:

A. Governments in developing countries no longer expropriate foreign investments. Instead, they find ways to divert profits to through regulation or a selective lack of regulation. It is estimated that the costs are equivalent to at least 33% higher taxes.

B. Most of the traditional ways to limit the risk of your company's overseas investments are no longer very effective. You must now learn how to play politics directly.

C. Companies like Italian oil giant Eni have shown that managing policy risk involves balancing operational efficiency with political capital, good political discourse, and having your finger on the pulse of local decision makers. That means mastering new analytical skills and tools.

D. All of the above

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