WGU D080 Module Quizzes – Questions And Answers (100% Correct)

Nowadays, countries have joined different international organizations as well as regional organizations and have signed agreements to follow the organization's rules. This is due to______. * - ANSWER - Political globalization General Motor in recent years have gradually moved its production facilities to Mexico and have lowered the production cost significantly. This is a benefit brought by_________. - ANSWER - Economic globalization Over many years, the Ireland government has made a consistent policy to maintain a low corporate income tax rate for businesses. This has greatly attracted the foreign direct investment to Ireland and promoted globalization. Which of the following globalization driver is related to the scenario? - ANSWER - Government driver Which anti-globalization argument has been pushing Nike to improve its factory management on workers' rights in the factories located in Indonesia and Vietnam? - ANSWER - Unethical practices of labor such as sweatshops Which factor of CAGE analysis addresses differences in country's GDP level that affect trade? - ANSWER - Economics Both being the member countries of the EU and the Euro zone, Germany and France have been each other's important trading partners. Why it's easy for them to trade with each other - ANSWER - Because France and Germany have administration similarity on free trade agreement Which of the following legal system usually is observed in an area without strong justice system? - ANSWER - Customary law Under the COVID19 pandemic, a lot of individuals and small businesses are significantly impacted and have been struggling. The U.S. government has issued 2 rounds of stimulus checks and offered small business forgiveness loans to support this group. This reflects______. - ANSWER - Formation of international organizations Which legal system is based on tradition and precedent given that judicial rulings can stand as precedents for future cases? - ANSWER - Traditional economy Which factor results in a faster development of globalization? - ANSWER - Mixed economy Which type of economy contains a low standard of living, no surplus, and usually is observed in under-developed areas of the world? - ANSWER - Common law system W