C211 COMPETENCY ONE Exam with verified detailed answers

C211 COMPETENCY ONE Exam with verified detailed ||\\|//|| ||\\|//|| ||\\|//|| ||\\|//|| ||\\|//|| ||\\|//|| ||\\|//||




answers


Terms in this set (51) ||\\|//|| ||\\|//|| ||\\|//|| ||\\|//||




Original

The resource-based view of global business differs from the institution-based view of global
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business in that the resource-based view _____.
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focuses on the internal strengths on the firm ||\\|//|| ||\\|//|| ||\\|//|| ||\\|//|| ||\\|//|| ||\\|//|| ||\\|//||




Which of the following is true of globalization according to the "pendulum view"
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perspective?

Globalization is a not a one-directional phenomenon. ||\\|//|| ||\\|//|| ||\\|//|| ||\\|//|| ||\\|//|| ||\\|//||




The _____ of globalization suggests that globalization is neither recent nor one-directional.
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pendulum view ||\\|//||




Which of the following is true of semiglobalization? ||\\|//|| ||\\|//|| ||\\|//|| ||\\|//|| ||\\|//|| ||\\|//|| ||\\|//||




It is a type of globalization that lies between total isolation and total globalization.
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Globalization can be viewed as: ||\\|//|| ||\\|//|| ||\\|//|| ||\\|//||

, A new force sweeping through the world in recent times.
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A long-run historical evolution since the dawn of human history.
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A pendulum that swings from one extreme to another from time to time.
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Name the three views of globalization.
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A recent force, a long-running evolution, and a pendulum
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The _____ theory viewed international trade as a zero-sum game.
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mercantilism




The _____ principle advocated that governments should actively protect domestic
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industries from imports and vigorously promote exports ||\\|//|| ||\\|//|| ||\\|//|| ||\\|//|| ||\\|//|| ||\\|//||




protectionism




Which of the following is a modern trade theory?
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National competitive advantage ||\\|//|| ||\\|//||




The _____ theory is based on the assumption that the wealth of the world is fixed.
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mercantilism