What is difference between a macro and a micro country risk

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1. What is the difference between a macro and a micro country risk? Give an example of each.

2. How is expropriation included in a discounted cash flow analysis of a proposed foreign investment? Does expropriation affect expected future cash flows? From a discounted cash flow perspective, is it likely to affect the discount rate on foreign investment?

Reference no: EM13871670

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