WGU D080 MANAGING IN A GLOBAL
BUSINESS ENVIRONMENT PREP ACTUAL
STUDY GUIDE 100% VERIFIED
◉ Which economic actor benefits as the U.S. dollar weakens?
Answer: A U.S. investor abroad
◉ Which economic actor benefits as the U.S. dollar strengthens?
Answer: A foreign firm exporting to the U.S.
◉ Which exchange rate regime allows a currency's value to
fluctuate according to the foreign exchange market?
Answer: Floating
◉ Which economic actors are suppliers of U.S. dollars?
Answer: Foreign firms exporting to the U.S
◉ How is global business positively affected by intercultural
exchange?
Answer: It increases worldwide connections that support
commodity trading.
◉ How does globalization support tolerance for different people
and ideas?
,Answer: By increasing the access to information
◉ A business has recently started selling in a new global
marketplace. Shortly after the company made this global
expansion, the new country opted to implement ad valorem
tariffs. How will this change affect the company?
Answer: It will levy a variable tax based on the value of goods
imported.
◉ Which business component does the TRIPS agreement help
protect for member nations?
Answer: Intellectual property protection for all member nations
◉ A business, operating globally, wants to increase its overall
productivity. Which strategy should the business use?
Answer: Increase process technology
◉ Which international activity allows a nation, such as Singapore,
to create a sustainable economy without the abundance of natural
resources?
Answer: Foreign direct investment
◉ Countries A, B, and C have a trade agreement. Country C
imposes high tariffs on all raw materials imported from Country
A, and Country B imposes a lower tax on the same raw materials.
These raw materials are unique to Countries B and C and essential
,to Country A. What is the effect of this set of actions on these
countries?
Answer: Country A will do more business with Country B.
◉ What is enhanced when creating regional trade agreements?
Answer: Economic opportunity
◉ A farmers market has many vendors and consumers who all sell
and buy the same produce at the same price.
Which type of market is represented?
Answer: Pure competition
◉ A sole, national telephone company was found violating
antitrust laws and was forced to separate into regional companies.
What caused the violation of the antitrust laws?
Answer: Reduced competition
◉ Which issue was the main purpose of the creation of the
European Union?
Answer: Natural resources
◉ Many countries from several geographic regions are accused of
dumping steel into the U.S. market at unfairly low prices.
Which entity can the United States appeal to in order to correct
this apparent market manipulation?
, Answer: World Trade Organization
◉ Which of these agreements or treaties was to combat increased
temperatures of global climate change?
Versailles
Paris
Antarctic
Maastricht
Answer: Paris
◉ Which governmental entity was created to provide regulatory
authority regarding pollution by industry?
Answer: Environmental Protection Agency
◉ Which type of duty is required to take care of the collective
environment across the nation?
Shared
Assigned
Customs
Individual
Answer: Shared
◉ What makes the enforcement of United Nations Environmental
Program regulations difficult?
BUSINESS ENVIRONMENT PREP ACTUAL
STUDY GUIDE 100% VERIFIED
◉ Which economic actor benefits as the U.S. dollar weakens?
Answer: A U.S. investor abroad
◉ Which economic actor benefits as the U.S. dollar strengthens?
Answer: A foreign firm exporting to the U.S.
◉ Which exchange rate regime allows a currency's value to
fluctuate according to the foreign exchange market?
Answer: Floating
◉ Which economic actors are suppliers of U.S. dollars?
Answer: Foreign firms exporting to the U.S
◉ How is global business positively affected by intercultural
exchange?
Answer: It increases worldwide connections that support
commodity trading.
◉ How does globalization support tolerance for different people
and ideas?
,Answer: By increasing the access to information
◉ A business has recently started selling in a new global
marketplace. Shortly after the company made this global
expansion, the new country opted to implement ad valorem
tariffs. How will this change affect the company?
Answer: It will levy a variable tax based on the value of goods
imported.
◉ Which business component does the TRIPS agreement help
protect for member nations?
Answer: Intellectual property protection for all member nations
◉ A business, operating globally, wants to increase its overall
productivity. Which strategy should the business use?
Answer: Increase process technology
◉ Which international activity allows a nation, such as Singapore,
to create a sustainable economy without the abundance of natural
resources?
Answer: Foreign direct investment
◉ Countries A, B, and C have a trade agreement. Country C
imposes high tariffs on all raw materials imported from Country
A, and Country B imposes a lower tax on the same raw materials.
These raw materials are unique to Countries B and C and essential
,to Country A. What is the effect of this set of actions on these
countries?
Answer: Country A will do more business with Country B.
◉ What is enhanced when creating regional trade agreements?
Answer: Economic opportunity
◉ A farmers market has many vendors and consumers who all sell
and buy the same produce at the same price.
Which type of market is represented?
Answer: Pure competition
◉ A sole, national telephone company was found violating
antitrust laws and was forced to separate into regional companies.
What caused the violation of the antitrust laws?
Answer: Reduced competition
◉ Which issue was the main purpose of the creation of the
European Union?
Answer: Natural resources
◉ Many countries from several geographic regions are accused of
dumping steel into the U.S. market at unfairly low prices.
Which entity can the United States appeal to in order to correct
this apparent market manipulation?
, Answer: World Trade Organization
◉ Which of these agreements or treaties was to combat increased
temperatures of global climate change?
Versailles
Paris
Antarctic
Maastricht
Answer: Paris
◉ Which governmental entity was created to provide regulatory
authority regarding pollution by industry?
Answer: Environmental Protection Agency
◉ Which type of duty is required to take care of the collective
environment across the nation?
Shared
Assigned
Customs
Individual
Answer: Shared
◉ What makes the enforcement of United Nations Environmental
Program regulations difficult?
