WGU C211 OA Global Economics Exam (2025 / 2026) Questions and Verified Answers, 100% Guarantee Pass

WGU C211 OA Global Economics Exam (2025 / 2026) Questions and Verified Answers, 100% Guarantee Pass Views on Globalization - CORRECT Answer New, Evolutionary, and Pendulum "New" view on globalization - CORRECT Answer A force sweeping through the world in recent times. "Evolutionary" view on globalization - CORRECT Answer A long-run historical evolution since the dawn of human history "Pendulum" view on globalization - CORRECT Answer One that swings from one extreme to another from time to time Foreign Direct Investment - CORRECT Answer Direct investment in, control, and management of value-added activities in other countries Political views on FDI - CORRECT Answer Radical View, Free Market View, Pragmatic Nationalism Benefits to a country receiving FDI - CORRECT Answer Capital Inflow, Technology Spillover, Advanced Management Know-How, Job creation Costs to a country receiving FDI - CORRECT Answer Loss of Sovereignty, Adverse effects on competition, Capital outflow. How do resources and capabilities influence the competitive dynamics of a business? - CORRECT Answer Resource similarity and market commonality can yield a powerful framework for competitor analysis. Resource similarity - CORRECT Answer The extent to which a given competitor possesses strategic endowment comparable, in terms of both type and amount, to those of the focal firm. How does resource similarity impact competitive dynamics? - CORRECT Answer Firms with a high degree are likely to have similar competitive actions. (Starbuck's instant coffee & McDonald's iced coffee) Classical theories of international trade - CORRECT Answer Mercantilism, Absolute advantage, and Comparative advantage Modern theory view - CORRECT Answer Dynamic