The two-dimensional scatter plot displays keywords positioned across Dim 1 at 24.44 per cent and Dim 2 at 17.65 per cent. Three clusters appear. The left cluster groups terms such as policy risk, firms, institutions, decision making, governance, host country, political risk, markets, and product diversification. The right cluster groups terms including uncertainty, acquisitions, conflict, performance, choice, strategy, investment, management, national culture, strategies, experience, expansion, model, and mediating role. The lower cluster groups terms such as integration, business, and environment. The clusters are separated with limited overlap across the two dimensions.