How is political risk defined, and how does political risk associated with business differ from a more

Question:

How is political risk defined, and how does political risk associated with business differ from a more general political risk to all social activities? What is the difference between firm-specific risk and country-specific risk?

Political Risk
Political risk is the risk an investment's returns could suffer as a result of political changes or instability in a country. Instability affecting investment returns could stem from a change in government, legislative bodies, other foreign...

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