WGU C211 - GLOBAL ECONOMICS FOR MANAGERS QUESTIONS AND ANSWERS

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WGU C211 - GLOBAL ECONOMICS FOR MANAGERS QUESTIONS AND ANSWERS

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2026/2027

Institution WGU C211

Course WGU C211

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WGU C211 - GLOBAL ECONOMICS FOR MANAGERS QUESTIONS AND ANSWERS

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WGU C211 - GLOBAL ECONOMICS FOR
MANAGERS QUESTIONS AND
ANSWERS
ViewskonkGlobalizationk-kans-New,kEvolutionary,kandkPendulum

"New"kviewkonkglobalizationk-kans-
Akforceksweepingkthroughkthekworldkinkrecentktimes.

"Evolutionary"kviewkonkglobalizationk-kans-Aklong-
runkhistoricalkevolutionksincekthekdawnkofkhumankhistory

"Pendulum"kviewkonkglobalizationk-kans-
Onekthatkswingskfromkonekextremektokanotherkfromktimektoktime

ForeignkDirectkInvestmentk-kans-
Directkinvestmentkin,kcontrol,kandkmanagementkofkvalue-
addedkactivitieskinkotherkcountries

PoliticalkviewskonkFDIk-kans-
RadicalkView,kFreekMarketkView,kPragmatickNationalism

BenefitsktokakcountrykreceivingkFDIk-kans-
CapitalkInflow,kTechnologykSpillover,kAdvancedkManagementkKnow-
How,kJobkcreation

CostsktokakcountrykreceivingkFDIk-kans-
LosskofkSovereignty,kAdversekeffectskonkcompetition,k
Capitalkoutflow.

Howkdokresourceskandkcapabilitieskinfluencekthekcompetitivekdynamicskofkakbusin
ess?k-kans-
Resourceksimilaritykandkmarketkcommonalitykcankyieldkakpowerfulkframeworkkfork
competitorkanalysis.

Resourceksimilarityk-kans-
Thekextentktokwhichkakgivenkcompetitorkpossesseskstrategickendowmentkcompara
ble,kinktermskofkbothktypekandkamount,ktokthosekofkthekfocalkfirm.

, Howkdoeskresourceksimilaritykimpactkcompetitivekdynamics?k-kans-
Firmskwithkakhighkdegreekareklikelyktokhaveksimilarkcompetitivekactions.k(Starbuc
k'skinstantkcoffeek&kMcDonald'skicedkcoffee)

Classicalktheorieskofkinternationalktradek-kans-
Mercantilism,kAbsolutekadvantage,kandkComparativekadvantage

Modernktheorykviewk-kans-Dynamic

Classicalktheorykviewk-kans-Static

Absolutekadvantagek-kans-
Thekeconomickadvantagekoneknationkenjoyskthatkisksuperiorktokotherknations

Comparativekadvantagek-kans-
Thekadvantagekonekeconomickactivityknationkenjoyskinkcomparisonkwithkotherknat
ionsk(relative,knotkabsolute)

Mercantilismk-kans-
Aktheorykthatksuggestskthatkthekwealthkofkthekworldkiskfixedkandkthatkaknationkt
hatkexportskmorekandkimportsklesskwillkbekricher.

Featureskofkthekproductklifekcycle?k-kans-New,kMaturing,kandkStandardized

Strategicktradek-kans-
Interventionkbykgovernmentskinkcertainkindustrieskcankenhancektheirkoddskforkinte
rnationalksuccess.

Howkareksupplykandkdemandkrelatedktokthekexchangekratekofkakcountry?k-kans-
Thekpricekofkakcommodity,kakcountry'skcurrency,kiskfundamentallykdeterminedkbyk
this.kStrongkdemandkleadsktokpricekhikes;koversupplykresultskinkpricekdrops.

Whichktheorykcamekfirst?k-kans-
Mercantilismk(althoughkbothkarekofkthekideakthatkgovernmentskshouldkactivelykpro
tectkdomestickindustrieskfromkimportskandkvigorouslykpromotekexports)

Ifkakcompanykseeksktoklimitkforeignkexchangekratekexposurekinkthekforwardkdirec
tion,kwhatkiskthekmostkeffectivekwayktokdokthis?k-kans-
Forwardktransactions,kankactkknowkaskcurrencykhedging.

Transactionkriskk-kans-
Thekexchangekratekriskkassociatedkwithkthektimekdelaykbetweenkenteringkintokak
contractkandksettlingkit.

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Uploaded on: August 24, 2026
Number of pages: 13
Written in: 2026/2027
Type: Exam (elaborations)
Contains: Questions & answers

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