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WGU C211 OBJECTIVE ASSESSMENT STUDY
SHEET 2026 SOLUTIONS GRADED A+

⩥ Evolutionary Globalization. Answer: Ongoing historical process.


⩥ Pendulum Globalization. Answer: Swings between extremes of
globalization and isolation.


⩥ Foreign Direct Investment (FDI). Answer: Investment made by a
company or individual in one country in business interests in another
country.


⩥ Radical View of FDI. Answer: Hostile to FDI.


⩥ Free Market View of FDI. Answer: Minimal restrictions, win-win.


⩥ Pragmatic Nationalism. Answer: Weigh costs vs. benefits of FDI.


⩥ FDI Pros. Answer: Capital inflow, tech transfer, management skills,
jobs.


⩥ FDI Cons. Answer: Loss of sovereignty, competition harm, capital
outflow.

, ⩥ Mercantilism. Answer: Zero-sum game; export > import.


⩥ Absolute Advantage. Answer: More efficient production.


⩥ Comparative Advantage. Answer: Lower opportunity cost.


⩥ Product Life Cycle. Answer: Shifts in location over time.


⩥ Strategic Trade Theory. Answer: Government intervention in trade.


⩥ National Competitive Advantage (Diamond). Answer: Factor
endowments, firm strategy, demand conditions, related/supporting
industries.


⩥ Currency Value. Answer: Determined by supply and demand.


⩥ Hedging. Answer: Tools to reduce FX risk (forward transactions).


⩥ Strategic Hedging. Answer: Diversification across currencies.


⩥ Indifference Curve. Answer: All combos giving equal satisfaction.

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