WGU D080 Objective Assessment 2025 Questions and
Answers
Which negative outcome on political systems comes from globalization?
Creation of isolationist policies
3 multiple choice options
Which factor results in a higher rate of globalization?
reduced trade barriers
3 multiple choice options
What are the four factors in Ghemawat's CAGE analysis?
Culture, administration, geography, economy
3 multiple choice options
What is a major drawback to the home country when companies outsource manufacturing jobs to
countries with lower worker wages?
loss of manufacturing jobs
3 multiple choice options
A country has a characteristic traditional economic system with poor infrastructure and limited
economic opportunity. What is the impact of this system on the process of globalization?
The globalization process is at a disadvantage as the country has a lower standard of living.
3 multiple choice options
What is a characteristic of a market economy?
Firms seek to maximize profits.
3 multiple choice options
Which impact does Islamic law directly have on businesses?
It forbids charging interest.
3 multiple choice options
Which institution helps to maintain availability of global financing to solve trade deficit issues?
International Monetary Fund
3 multiple choice options
, We have an expert-written solution to this problem!
What is the current focus of the World Bank?
Improving quality of life
3 multiple choice options
For which concern has the World Trade Organization been criticized?
Adoption of labor standards protecting labor rights
3 multiple choice options
How is the Special Drawing Right of the International Monetary Fund (IMF) valued?
It is based on the value of the five most significant members' currencies.
3 multiple choice options
Two countries agree to open their borders to international business transactions with one another
without tariffs.
How does this affect global business?
It leads to developing free trade policies with strategic partners.
3 multiple choice options
A country uses its established technology infrastructure to produce a good.What is the impact of this
infrastructure on trade?
It will create barriers to entry for other nations.
3 multiple choice options
What was the economic impact of the North American Free Trade Agreement (NAFTA)?
The shift of jobs away from low comparative advantage industries
3 multiple choice options
A company that is located in Country A would like to sell products in Country B. The government of
Country B is pushing for a tariff-based international trade agreement on the product. What is the
reasoning behind Country B's decision?
Country B seeks to protect its economy and give it the opportunity for long-term expansion.
3 multiple choice options
Countries A and B participate in trade agreements that allow free trade among participant countries.
However, Country A imposed quotas on several imported products to protect its domestic products.
Answers
Which negative outcome on political systems comes from globalization?
Creation of isolationist policies
3 multiple choice options
Which factor results in a higher rate of globalization?
reduced trade barriers
3 multiple choice options
What are the four factors in Ghemawat's CAGE analysis?
Culture, administration, geography, economy
3 multiple choice options
What is a major drawback to the home country when companies outsource manufacturing jobs to
countries with lower worker wages?
loss of manufacturing jobs
3 multiple choice options
A country has a characteristic traditional economic system with poor infrastructure and limited
economic opportunity. What is the impact of this system on the process of globalization?
The globalization process is at a disadvantage as the country has a lower standard of living.
3 multiple choice options
What is a characteristic of a market economy?
Firms seek to maximize profits.
3 multiple choice options
Which impact does Islamic law directly have on businesses?
It forbids charging interest.
3 multiple choice options
Which institution helps to maintain availability of global financing to solve trade deficit issues?
International Monetary Fund
3 multiple choice options
, We have an expert-written solution to this problem!
What is the current focus of the World Bank?
Improving quality of life
3 multiple choice options
For which concern has the World Trade Organization been criticized?
Adoption of labor standards protecting labor rights
3 multiple choice options
How is the Special Drawing Right of the International Monetary Fund (IMF) valued?
It is based on the value of the five most significant members' currencies.
3 multiple choice options
Two countries agree to open their borders to international business transactions with one another
without tariffs.
How does this affect global business?
It leads to developing free trade policies with strategic partners.
3 multiple choice options
A country uses its established technology infrastructure to produce a good.What is the impact of this
infrastructure on trade?
It will create barriers to entry for other nations.
3 multiple choice options
What was the economic impact of the North American Free Trade Agreement (NAFTA)?
The shift of jobs away from low comparative advantage industries
3 multiple choice options
A company that is located in Country A would like to sell products in Country B. The government of
Country B is pushing for a tariff-based international trade agreement on the product. What is the
reasoning behind Country B's decision?
Country B seeks to protect its economy and give it the opportunity for long-term expansion.
3 multiple choice options
Countries A and B participate in trade agreements that allow free trade among participant countries.
However, Country A imposed quotas on several imported products to protect its domestic products.
