Q$6.$Strategies to identify risk are objective Based, Scenario Based and Common Risk Checking $.$ true or false

Q$7.$Examples of some political risks include local content laws, taxes on foreign good and prices controls. true or false

Q$8.$Performance risk are Objective Based $,$ Scenario Based and Common Risk Checking. True or False

Q$9.$Performance risk can arise from an inadequate knowledge of foreign customers making the customers difficult to manage. true or false

Q$10.$When a company does damage to a community, it is best to stay quiet and let the storm blow over or let the negative perceptions diminish over time true or false

Q$11.$Economic risks are caused by fluctuations in a target market's economic and financial stability and laws and taxation implemented by the target market's government true false

Q$12$it would be wise for firms engaged in international trade to review current labour standards in a target market but also to be aware of how they compare to international standard. true or false

Q$13.$ Money laundering is used to disguise the source of money or assets derived from crime. It may involve large numbers of people depositing small amounts that go undetected by depository institutions. True or large

Q$14.$An international firm faces the risk of becoming involved in trade$-$related financial crime either as a victim or as unwitting accomplice. True or false

Q$15.$ The risk to an importer is non$-$payment $($or default$)$ and the risk to an exporter is non$-$performance $($non$-$ shipment$).$ True or false.