Question

The qualitative approach to evaluating economic risk assesses the competence of that country's leaders and analyzing the types of policies they are likely to implement.

a) True
b) False

Answer 1

The qualitative approach to evaluating economic risk assesses the competence of a country's leaders and analyzing the types of policies they are likely to implement.

Step-by-step explanation:

The statement is true. The qualitative approach to evaluating economic risk includes assessing the competence of a country's leaders and analyzing the types of policies they are likely to implement. By considering the decisions and actions of leaders, we can gain insight into the potential risks and opportunities associated with a country's economy. For example, if a country has experienced stable leadership and a track record of implementing effective economic policies, it may be perceived as having lower economic risk compared to a country with unstable leadership and unpredictable policies.