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Discuss examples of recent macropolitical risk events and the effect they have or might have on a foreign subsidiary. What are micropolitical risk events

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Answer:

Step-by-step explanation:

Micropolitical risk events are typically events that takes place which have effects on companies that are within a country and doesn't have effect on companies which are in foreign countries

An example was when Iraq was invaded by the United States. This resulted in a halt in international business within the countries.

There was a huge rise in gas price which affected individuals and firms as economic agents weren't prepared for the crisis. Other possible effects include:

• It can lead to dishonesty by the government officials.

• Barriers to economic development

• Forced sales of equity by companies.

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