WGU C211 - Global Economics for Managers bundle

Views of globalization (Chp 1.4) - answer 1. It's a new phenomenom, starting in the late 20th century. 2. It's a long term part of human history. 3. Neither recent nor one directional, it's a pendulum that swings back and forth. Strategic goal = Natural resource—seeking - answer Location s...

Globalization - answer The close integration of countries and peoples of the world. Purchasing Power Parity (PPP) - answer A conversion that determines the equivalent amount of goods and services that different currencies can purchase. Scenario Planning - answer A technique to prepare and plan...

view that claims phenomenon of globalization was initially driven by the desire of Western economies to exploit their power through MNE's - answer new view that claims globalization is a long-run historical evolution since the dawn of humanity. Says it is nothing new and that it will always exis...