The personal reflection of the competence to “generate theories that help to explain the phenomena of economic and administrative business and international markets to deal successfully with the risks to the system.” In this global economy, (Porter 1990), puts it this way: a nation’s competitiveness depends on the capacity of its industry to innovate and upgrade. However, there are risks such as currency volatility, liquidity risks, and transactions costs. And the need for acquire political risk insurance is needed.
