Globalization can be a huge opportunity for business and people to engage in business with many countries around the world, however, investing abroad can be accompanied by risk, for example the Venezuelan government might take companies away from foreign companies or investors or worse yet make foreign loan repayments illegal. Business and investors that conduct business abroad have in place a country risk analysis to help decide whether to start a business in a particular country. Doing business abroad requires three types of analyses. Political analyses, financial analyses and economic risk analyses. Political risk analyses focus in the stability of the government, whether or not the country’s officials are corrupt, also the different religious beliefs and probably some ethnic tensions. Financial risk analyses focus in the country’s ability to finance its debt obligations and include factors such as foreign debt as a percentage of GDP, loan default, and exchange rate stability. Economic risk analyses determines a country’s economic  strengths and weaknesses by looking at its rate of growth in GDP, per capita GDP, inflation rate, factors in that nature. These different types of analyses calculate a composite rating of risk of a particular country that in part will provide an overall assessment of risk of doing business in that country. There are different degree and types of risk for different international business or corporations. Take for example, a company engaged in international tourism will mostly concern about a country risk as it applies to its attractiveness as a vacation destination, let’s use as a example the country of Venezuela, whose represent a high risk for banks, oil companies but does not represent a big treat for visitors or tourists. However tourists may not go there because of factors such as its financial and/or economic risk even though, these not so good climate does not impact tourist.