Please read this article and answer the questions.

1. Why do oil companies see Latin America as a prime location for international expansion?

2. What risks are oil companies taking when they expand into Mexico and Brazil?

3. What are the advantages and disadvantages of being a first mover in a country that has recently liberalized its government trade policies?

4. Why are natural resource based firms such as oil companies particularly exposed to political risk?

Your initial post should not be less than 500 words.

Each question should be answered in a separate paragraph.

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