1/18/26, 12:12 PM WGU C211 - Global Economics for Managers Exam fully solved & updated 2026 (latest version verified for accuracy) | 2025\2026 …
WGU C211 - Global Economics for Managers
Exam fully solved & updated 2026 (latest version
verified for accuracy) | 2025\2026 Latest!!
Save
Terms in this set (136)
Views on Globalization New, Evolutionary, and Pendulum
"New" view on globalization A force sweeping through the world in recent
times.
"Evolutionary" view on globalization A long-run historical evolution since the dawn of
human history
"Pendulum" view on globalization One that swings from one extreme to another from
time to time
Foreign Direct Investment Direct investment in, control, and management of
value-added activities in other countries
Political views on FDI Radical View, Free Market View, Pragmatic
Nationalism
Benefits to a country receiving FDI Capital Inflow, Technology Spillover, Advanced
Management Know-How, Job creation
https://quizlet.com/1132127523/wgu-c211-global-economics-for-managers-exam-fully-solved-updated-2026-latest-version-verified-for-accuracy-2025… 1/19
,1/18/26, 12:12 PM WGU C211 - Global Economics for Managers Exam fully solved & updated 2026 (latest version verified for accuracy) | 2025\2026 …
Costs to a country receiving FDI Loss of Sovereignty, Adverse effects on
competition,
Capital outflow.
How do resources and capabilities Resource similarity and market commonality can
influence the competitive dynamics yield a powerful framework for competitor analysis.
of a business?
Resource similarity 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 Firms with a high degree are likely to have similar
competitive dynamics? competitive actions. (Starbuck's instant coffee &
McDonald's iced coffee)
Classical theories of international Mercantilism, Absolute advantage, and
trade Comparative advantage
Modern theory view Dynamic
Classical theory view Static
Absolute advantage The economic advantage one nation enjoys that is
superior to other nations
Comparative advantage The advantage one economic activity nation enjoys
in comparison with other nations (relative, not
absolute)
Mercantilism A theory that suggests that the wealth of the world
is fixed and that a nation that exports more and
imports less will be richer.
https://quizlet.com/1132127523/wgu-c211-global-economics-for-managers-exam-fully-solved-updated-2026-latest-version-verified-for-accuracy-2025… 2/19
, 1/18/26, 12:12 PM WGU C211 - Global Economics for Managers Exam fully solved & updated 2026 (latest version verified for accuracy) | 2025\2026 …
Features of the product life cycle? New, Maturing, and Standardized
Strategic trade Intervention by governments in certain industries
can enhance their odds for international success.
How are supply and demand related The price of a commodity, a country's currency, is
to the exchange rate of a country? fundamentally determined by this. Strong demand
leads to price hikes; oversupply results in price
drops.
Which theory came first? Mercantilism (although both are of the idea that
governments should actively protect domestic
industries from imports and vigorously promote
exports)
If a company seeks to limit foreign Forward transactions, an act know as currency
exchange rate exposure in the hedging.
forward direction, what is the most
effective way to do this?
Transaction risk The exchange rate risk associated with the time
delay between entering into a contract and settling
it.
Hedging A transaction, such as forward transactions, that
protects traders and investors from exposure to
the fluctuations of the spot rate.
Currency hedging A way to protect traders and investors from being
exposed to the fluctuations of the spot rate
https://quizlet.com/1132127523/wgu-c211-global-economics-for-managers-exam-fully-solved-updated-2026-latest-version-verified-for-accuracy-2025… 3/19
WGU C211 - Global Economics for Managers
Exam fully solved & updated 2026 (latest version
verified for accuracy) | 2025\2026 Latest!!
Save
Terms in this set (136)
Views on Globalization New, Evolutionary, and Pendulum
"New" view on globalization A force sweeping through the world in recent
times.
"Evolutionary" view on globalization A long-run historical evolution since the dawn of
human history
"Pendulum" view on globalization One that swings from one extreme to another from
time to time
Foreign Direct Investment Direct investment in, control, and management of
value-added activities in other countries
Political views on FDI Radical View, Free Market View, Pragmatic
Nationalism
Benefits to a country receiving FDI Capital Inflow, Technology Spillover, Advanced
Management Know-How, Job creation
https://quizlet.com/1132127523/wgu-c211-global-economics-for-managers-exam-fully-solved-updated-2026-latest-version-verified-for-accuracy-2025… 1/19
,1/18/26, 12:12 PM WGU C211 - Global Economics for Managers Exam fully solved & updated 2026 (latest version verified for accuracy) | 2025\2026 …
Costs to a country receiving FDI Loss of Sovereignty, Adverse effects on
competition,
Capital outflow.
How do resources and capabilities Resource similarity and market commonality can
influence the competitive dynamics yield a powerful framework for competitor analysis.
of a business?
Resource similarity 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 Firms with a high degree are likely to have similar
competitive dynamics? competitive actions. (Starbuck's instant coffee &
McDonald's iced coffee)
Classical theories of international Mercantilism, Absolute advantage, and
trade Comparative advantage
Modern theory view Dynamic
Classical theory view Static
Absolute advantage The economic advantage one nation enjoys that is
superior to other nations
Comparative advantage The advantage one economic activity nation enjoys
in comparison with other nations (relative, not
absolute)
Mercantilism A theory that suggests that the wealth of the world
is fixed and that a nation that exports more and
imports less will be richer.
https://quizlet.com/1132127523/wgu-c211-global-economics-for-managers-exam-fully-solved-updated-2026-latest-version-verified-for-accuracy-2025… 2/19
, 1/18/26, 12:12 PM WGU C211 - Global Economics for Managers Exam fully solved & updated 2026 (latest version verified for accuracy) | 2025\2026 …
Features of the product life cycle? New, Maturing, and Standardized
Strategic trade Intervention by governments in certain industries
can enhance their odds for international success.
How are supply and demand related The price of a commodity, a country's currency, is
to the exchange rate of a country? fundamentally determined by this. Strong demand
leads to price hikes; oversupply results in price
drops.
Which theory came first? Mercantilism (although both are of the idea that
governments should actively protect domestic
industries from imports and vigorously promote
exports)
If a company seeks to limit foreign Forward transactions, an act know as currency
exchange rate exposure in the hedging.
forward direction, what is the most
effective way to do this?
Transaction risk The exchange rate risk associated with the time
delay between entering into a contract and settling
it.
Hedging A transaction, such as forward transactions, that
protects traders and investors from exposure to
the fluctuations of the spot rate.
Currency hedging A way to protect traders and investors from being
exposed to the fluctuations of the spot rate
https://quizlet.com/1132127523/wgu-c211-global-economics-for-managers-exam-fully-solved-updated-2026-latest-version-verified-for-accuracy-2025… 3/19
