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| Definition Of: |
Political Risk
With regard to Eximbank and Overseas Private Investment Corporation
programs, political risk coverage normally includes defaults or losses due
to action of inaction by governments, including war and civil unrest,
expropriations, and inconvertibility of local currency to dollars. Losses
due to currency devaluation are not considered a political risk.
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2K Group Shipping Dictionary INDEX:
List of Terms: Terms beginning with "A", Page 1 |
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Page Number:
1 2 A: Page 1 of 2.
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