WGU C211 Objective Assessment Global Economics for Managers Exam (2025 / 2026), 100% Guaranteed Pass ||Complete A+ Guide

WGU C211 Objective Assessment Global Economics for

Managers Exam (), 100% Guaranteed Pass

||Complete A+ Guide




1. Explain the New, Evolutionary, and Pendulum views of Globalization. How
r r r r r r r r r



r do these differ from one another?
r r r r r



…Ans>> "New" view on globalization - A force sweeping through the world in recent
rr r r r r r r r r r r r r



r times.

"Evolutionary" view on globalization - A long-run historical evolution since the dawn of
r r r r r r r r r r r r



r human history.
r




"Pendulum" view on globalization - One that swings from one extreme to another from
r r r r r r r r r r r r r



r time to time
r r




2. **What different political views exist on Foreign Direct Investment FDI?**
r r r r r r r r r



rrr …Ans>> Radical View, Free Market View, Pragmatic Nationalism
rr r r r r r r




**answer includes radicalism**
r r






,3. What is Foreign Direct Investment?
r r r r



…Ans>> Direct investment in, control, and manage- ment of value-added activities
rr r r r r r r r r r



r in other countries
r r




4. What benefits exist to a country receiving FDI?
r r r r r r r



…Ans>> Capital Inflow, Technology Spillover, Advanced Management Know-
rr r r r r r r



How, Job creation
r r




5. What costs exist to a country receiving FDI?
r r r r r r r



…Ans>> Loss of Sovereignty, Adverse effects on competition,
rr r r r r r r



Capital outflow. r




6. How do resources and capabilities influence the competitive dynamics of
r r r r r r r r r



r a business?
r



…Ans>> Resource similarity and market commonality can yield a powerful
rr r r r r r r r r



r framework for competitor analysis. r r r




7. **What is resource similarity and how does this impact competitive dynam-
r r r r r r r r r r



r ics?**
…Ans>> The extent to which a given competitor possesses strategic endowment
rr r r r r r r r r r



r comparable, in terms of both type and amount, to those of the focal firm.
r r r r r r r r r r r r r




*Firms with a high degree are likely to have similar competitive actions. (Starbuck's
r r r r r r r r r r r r



r instant coffee & McDonald's iced coffee)
r r r r r






, 8. Give a description of the classical theory of international trade.
r r r r r r r r r



…Ans>> Mercantilism, Absolute advantage, and Comparative advantage
rr r r r r r




9. How would the modern theory compare to the classical theory?
r r r r r r r r r



…Ans>> Modern - Dynamic
rr r r



Classical – Static r r




10. Compare absolute advantage to comparative advantage.What differences
r r r r r r r



r exist?
…Ans>> Absolute advantage - The economic advantage one nation enjoys that is
rr r r r r r r r r r r



r superior to other nations
r r r