WGU C211 - Global Economics for
Managers
(Latest 2025-2026 Edition) 100% Verified Q&A + Answer
130+
Key Solutions
VERIFIED ANSWERS
Question 1
Views on Globalization
Correct Answer
New, Evolutionary, and Pendulum
Question 2
"New" view on globalization
Correct Answer
A force sweeping through the world in recent times.
Question 3
"Evolutionary" view on globalization
Correct Answer
A long-run historical evolution since the dawn of human history
Question 4
"Pendulum" view on globalization
Correct Answer
One that swings from one extreme to another from time to time
Question 5
Foreign Direct Investment
Correct Answer
Direct investment in, control, and management of value-added activities in other countries
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,Question 6
Political views on FDI
Correct Answer
Radical View, Free Market View, Pragmatic Nationalism
Question 7
Benefits to a country receiving FDI
Correct Answer
Capital Inflow, Technology Spillover, Advanced Management Know-How, Job creation
Question 8
Costs to a country receiving FDI
Correct Answer
Loss of Sovereignty, Adverse effects on competition,
Capital outflow.
Question 9
How do resources and capabilities influence the competitive dynamics of a business?
Correct Answer
Resource similarity and market commonality can yield a powerful framework for competitor analysis.
Question 10
Resource similarity
Correct Answer
The extent to which a given competitor possesses strategic endowment comparable, in terms of both type and amount,
to those of the focal firm.
Question 11
How does resource similarity impact competitive dynamics?
Correct Answer
Firms with a high degree are likely to have similar competitive actions. (Starbuck's instant coffee & McDonald's iced
coffee)
Question 12
Classical theories of international trade
Correct Answer
Mercantilism, Absolute advantage, and Comparative advantage
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, Question 13
Modern theory view
Correct Answer
Dynamic
Question 14
Classical theory view
Correct Answer
Static
Question 15
Absolute advantage
Correct Answer
The economic advantage one nation enjoys that is superior to other nations
Question 16
Comparative advantage
Correct Answer
The advantage one economic activity nation enjoys in comparison with other nations (relative, not absolute)
Question 17
Mercantilism
Correct Answer
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.
Question 18
Features of the product life cycle?
Correct Answer
New, Maturing, and Standardized
Question 19
Strategic trade
Correct Answer
Intervention by governments in certain industries can enhance their odds for international success.
Question 20
How are supply and demand related to the exchange rate of a country?
Correct Answer
The price of a commodity, a country's currency, is fundamentally determined by this. Strong demand leads to price hikes;
oversupply results in price drops.
Trusted by thousands of students and professionals worldwide Page 3 of 21
Managers
(Latest 2025-2026 Edition) 100% Verified Q&A + Answer
130+
Key Solutions
VERIFIED ANSWERS
Question 1
Views on Globalization
Correct Answer
New, Evolutionary, and Pendulum
Question 2
"New" view on globalization
Correct Answer
A force sweeping through the world in recent times.
Question 3
"Evolutionary" view on globalization
Correct Answer
A long-run historical evolution since the dawn of human history
Question 4
"Pendulum" view on globalization
Correct Answer
One that swings from one extreme to another from time to time
Question 5
Foreign Direct Investment
Correct Answer
Direct investment in, control, and management of value-added activities in other countries
Trusted by thousands of students and professionals worldwide Page 1 of 21
,Question 6
Political views on FDI
Correct Answer
Radical View, Free Market View, Pragmatic Nationalism
Question 7
Benefits to a country receiving FDI
Correct Answer
Capital Inflow, Technology Spillover, Advanced Management Know-How, Job creation
Question 8
Costs to a country receiving FDI
Correct Answer
Loss of Sovereignty, Adverse effects on competition,
Capital outflow.
Question 9
How do resources and capabilities influence the competitive dynamics of a business?
Correct Answer
Resource similarity and market commonality can yield a powerful framework for competitor analysis.
Question 10
Resource similarity
Correct Answer
The extent to which a given competitor possesses strategic endowment comparable, in terms of both type and amount,
to those of the focal firm.
Question 11
How does resource similarity impact competitive dynamics?
Correct Answer
Firms with a high degree are likely to have similar competitive actions. (Starbuck's instant coffee & McDonald's iced
coffee)
Question 12
Classical theories of international trade
Correct Answer
Mercantilism, Absolute advantage, and Comparative advantage
Trusted by thousands of students and professionals worldwide Page 2 of 21
, Question 13
Modern theory view
Correct Answer
Dynamic
Question 14
Classical theory view
Correct Answer
Static
Question 15
Absolute advantage
Correct Answer
The economic advantage one nation enjoys that is superior to other nations
Question 16
Comparative advantage
Correct Answer
The advantage one economic activity nation enjoys in comparison with other nations (relative, not absolute)
Question 17
Mercantilism
Correct Answer
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.
Question 18
Features of the product life cycle?
Correct Answer
New, Maturing, and Standardized
Question 19
Strategic trade
Correct Answer
Intervention by governments in certain industries can enhance their odds for international success.
Question 20
How are supply and demand related to the exchange rate of a country?
Correct Answer
The price of a commodity, a country's currency, is fundamentally determined by this. Strong demand leads to price hikes;
oversupply results in price drops.
Trusted by thousands of students and professionals worldwide Page 3 of 21
