Pre-ASSESSMENT: GLOBAL ECONOMICS FOR MANAGERS (UZC2). WGU C211. Correct Answers Only.

Pre-ASSESSMENT: GLOBAL ECONOMICS FOR MANAGERS (UZC2). WGU C211. Correct Answers Only. Which view claims that the phenomenon of globalization was initially driven by the desire of Western economies to exploit their power through multinational enterprises? Correct Answer: The new-force view Economic gains come from international trade because one country's exported goods, services, or other items are unique, valuable, and difficult to duplicate to the importing countries Correct Answer: Resource-based view What is the aggregation of importing and exporting that leads to the country-level trade surplus or deficit? Correct Answer: Balance of trade What is a cost of foreign direct investment? Correct Answer: Developing countries may be exploited by multinational enterprises (MNE). What may precious, rare, and hard-to-duplicate resources and capabilities lead to for a firm? Correct Answer: Sustained comparative advantage