C211 WGU OA Exam Questions and
Verified Answers |Already Graded A+|
2026 Brand New Version!!!
Which political view of foreign direct investment (FDI) is most widely used by
governments in the current international business environment?
Protectionism
Which factors credit the degree of rivalry between a pair of competitors? 2
choices
Market Commonality
Cost Structure
Which factors credit how local firms in emerging economics will respond to
multinational competitors?
Competitive assets and industry pressures to globalize
During which stage of the product life cycle do sales and profits gradually
increase before seeing more dramatic increases?
Growth
Which factor determines the foreign exchange rate of any currency?
Supply and demand for the currency
Which risk must corporation minimize if it is to effectively manage short-term
currency fluctuations?
Transaction Risk
,Which policy does a country use to determine the exchange rate of their
currency in relationship to another country's currency if they do not rely on
market forces?
Fixed Rate Policy
Which term refers to trading currencies and currency derivatives in order to earn
profits and help make prices efficient?
Brokering
Which type of advantage is gained by a company based on where it operates?
Location-Specific
Who gains from erecting significant entry barriers for other entrants?
First Movers
Which strategy for entering into a foreign market has the lowest degree of risk?
Licensing
What is a non-equity mode involving some type of contractual agreement?
Licensing
After the Lehman Brothers collapse, the federal Reserve stood ready to lend
financial institutions funds. When the Federal reserve did this, it was acting in its
role as a lender of last resort. Which type of group has this role?
Non Governmental Organization
What is the comprehensive free-trade settlement among Canada, US, and
Mexico, that address issues of protecting workers rights, the environment and
reducing tariffs and non-tariff trade barriers?
NAFTA
What is one of the core propositions underpinning an institution-based view of
global business?
, Managers and corporations make rational decisions within their formal and
informal framework
Which type of system allows businesses to be privately owned with a strong
individualistic profit orientation?
Market economy
Which legal system is based on a religious document and religious teachings?
Theocratic Law
Which type of good has well-established property rights?
Private Goods
Which activity disregards basic property rights?
Students play loud music in the open area between dorms
What is one type of economy that uses the market system?
Mixed Economy
Which kind of outcome was Adam Smith referring to when describing the
invisible hand?
Market Outcomes
What does the value of the marginal product of labor for a perfectly
competitive, profit maximizing firm equal?
Wage
What is the change in total cost equal to?
Marginal Cost multiplied by change in quantity
Which condition must be satisfied for a competitive firm to shut down in a short
run?
Total variable costs are greater than total revenue
Verified Answers |Already Graded A+|
2026 Brand New Version!!!
Which political view of foreign direct investment (FDI) is most widely used by
governments in the current international business environment?
Protectionism
Which factors credit the degree of rivalry between a pair of competitors? 2
choices
Market Commonality
Cost Structure
Which factors credit how local firms in emerging economics will respond to
multinational competitors?
Competitive assets and industry pressures to globalize
During which stage of the product life cycle do sales and profits gradually
increase before seeing more dramatic increases?
Growth
Which factor determines the foreign exchange rate of any currency?
Supply and demand for the currency
Which risk must corporation minimize if it is to effectively manage short-term
currency fluctuations?
Transaction Risk
,Which policy does a country use to determine the exchange rate of their
currency in relationship to another country's currency if they do not rely on
market forces?
Fixed Rate Policy
Which term refers to trading currencies and currency derivatives in order to earn
profits and help make prices efficient?
Brokering
Which type of advantage is gained by a company based on where it operates?
Location-Specific
Who gains from erecting significant entry barriers for other entrants?
First Movers
Which strategy for entering into a foreign market has the lowest degree of risk?
Licensing
What is a non-equity mode involving some type of contractual agreement?
Licensing
After the Lehman Brothers collapse, the federal Reserve stood ready to lend
financial institutions funds. When the Federal reserve did this, it was acting in its
role as a lender of last resort. Which type of group has this role?
Non Governmental Organization
What is the comprehensive free-trade settlement among Canada, US, and
Mexico, that address issues of protecting workers rights, the environment and
reducing tariffs and non-tariff trade barriers?
NAFTA
What is one of the core propositions underpinning an institution-based view of
global business?
, Managers and corporations make rational decisions within their formal and
informal framework
Which type of system allows businesses to be privately owned with a strong
individualistic profit orientation?
Market economy
Which legal system is based on a religious document and religious teachings?
Theocratic Law
Which type of good has well-established property rights?
Private Goods
Which activity disregards basic property rights?
Students play loud music in the open area between dorms
What is one type of economy that uses the market system?
Mixed Economy
Which kind of outcome was Adam Smith referring to when describing the
invisible hand?
Market Outcomes
What does the value of the marginal product of labor for a perfectly
competitive, profit maximizing firm equal?
Wage
What is the change in total cost equal to?
Marginal Cost multiplied by change in quantity
Which condition must be satisfied for a competitive firm to shut down in a short
run?
Total variable costs are greater than total revenue
