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1) The political, economic, and legal systems of countries differ and influence how business is conducted locally and internationally. 2) Politically, countries have different systems of governance such as democracy or totalitarianism. Economically, countries have different systems to address production and distribution issues. Legally, common systems are common law, civil law, or theocratic law. 3) These differences in political economy and legal systems across countries contribute to country risk for f

Author

Andrea Lyn Salonga Cacay

Language

EN