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WGU C211 Global Economics for Managers, Questions and answers, 100% Accurate. Rated A+ 2024

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Which two phrases represent the views of globalization? Choose two answers. - -- A pendulum that swings from one extreme to another. - A competition among key financial centers and markets. What are two trade barriers? - -- Nontariffs - Tarriffs What is the effect of tariff on a particular product for the country imposing the tariff? - -Increases domestic production of the product. Which benefits come to the host country as a result of foreign direct investment? - -- Creation of domestic jobs - Domestic resource allocation Which characteristics of firm resources affects competitive dynamics? - -Imitability (capable or worthy of being imitated or copied) Which characteristic of firm resources affects competitive dynamics, according to the VRIO framework? - -RarityWhich theory is the forerunner to modern-day protectionism? - -Mercantilism

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