Describe at least three risks your company might face if it participates in global trade.

Exchange rates, government policies, and shipping are three risks your company may face if it participates in global trade.

Political, currency and regulatory risks.

Explanation:

Political risk: This risk refers to the political climate of the countries you are working. An unstable government or a new government can generate an environment that is not friendly for companies or it can decide, for example, to increase tarrifs.

Currency risk: When participating in global trade, you have the risk of changes in the currency of another country which can affect your profits.

Regulatory risk: This risk is about changes in laws that will affect your business. For example, a new law can increase the cost of your operation in a country because of new requirements.