For the final unit, you will read the mini-case on page 483 of your textbook: “Tengiz—The Definition of Political Risk.” After reading and analyzing the case, answer the questions below, which can also be found on page 486 of the textbook.
- Why would a company like Chevron invest so much capital in a project with so many risks?
- How had Chevron tried to mitigate the political risks of the project?
- Had the risks associated with Tengiz changed or evolved over time?
Your submission must be at least two pages in length. Use the knowledge you have gained during this course to answer these questions. Outside sources are not required, but if used, please adhere to APA Style when creating citations and references. APA formatting is not necessary.
Moffett, M. H., Stonehill, A. I., & Eiteman, D. K. (2017). Fundamentals of Multinational Finance (6th Edition). Pearson Education (US). https://online.vitalsource.com/books/9780134623368