Assignment Problem: The uncertainty of investing in a specific nation, and more specifically the extent to which that uncertainty could result in losses for investors, is referred to as "country risk."Political, economic, exchange-rate, technological, and other influences can all contribute to this uncertainty.
Country risk, in particular, refers to the possibility of a foreign government defaulting on its bonds or other financial commitments, which raises transfer risk. The degree to which political and economic unrest affects the securities of issuers doing business in a particular country is known as country risk.
Give a brief summary on Weighing Country Risk