In light of the political element of PESTEL, identify an example of the micro dimension of political risk.

Question

Accepted Answer

Some Chinese consumers have a strong resentment of Japan, and Japanese vehicle companies are sometimes targeted by nationalist boycotts.

Answer

Iraq's market is unstable because sudden changes of political power are quite common there.

Answer

In 2017, India had ceased most trade with North Korea, affecting many small businesses in the country.

Answer

In some Middle Eastern countries, the risk of doing business is high because changes of government there can be radical.

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