What are some risks of international business that may not exist for local business?a. government takeover and changing tax laws. b. currency restrictionsc. high probability of war, and declining economic conditions.

Currency Restriction

Explanation:

The local businesses will face government takeovers because every country has a government and where there is government there is always chances of changing tax law due to reforms. The country in which the local business is operating may be subjected to war and declining economic conditions which is specific to a country. So these all risks are faced by international and local businesses as well but the currency restriction which is imposed by the government on the sale and purchase of a currency which means the international company can have foreign currency quota which means they can pay international expenses when it is within the restriction limit.

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-lavira : )