International Business – Economic Development
Chapter 3 – Global Edge Question
As increased instability in the global marketplace can introduce risks in a company’s
daily transaction, it is important to first carry out a commercial transaction risk overview of
the six countries. A commercial transaction risk can be defined as an analysis of the potential
losses that could arise from trading partners. Therefore, it is important to make sure that
trading partners are largely reliable.
Argentina: there is a recorded history of systematic corruption and regulatory
transparency in business dealings and partnerships. However, there is an overall
negligence in the transparency of government dealings.
China: the risk profile of China is mainly built off a decline in adverse commercial,
economic and other external developments.
Czech Republic: there has been a reformation of the political, commercial and
