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WGU FVC1 Global Business Pre-assesment QUESTIONS WITH COMPLETE SOLUTIONS

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What do countries with politicians that sustain transparency in global competition tend to have? correct answer: A competitive market structure What helps make globalization sustainable? correct answer: Transparency in government policy What do property rights enable buyers and sellers to do? correct answer: Conduct transactions with a high degree of trust How has technology bridged the global digital divide? correct answer: By decreasing communication costs What is one argument against globalization? correct answer: That jobs will be lost Economists have argued that national policies should be implemented to help retrain and educate displaced workers. How might these efforts affect the displaced workers? correct answer: By increasing productivity How do major international institutions facilitate globalization? correct answer: By creating an international monetary system What are stateless corporations? correct answer: Corporations that source work wherever it is most efficient and transcend international boundaries What will an organization structure which inhi

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Uploaded on
March 8, 2023
Number of pages
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Written in
2022/2023
Type
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