WGU C211 Global Economics for Managers Exam Questions and Answers Latest Update

Views on Globalization - ️️New, Evolutionary, and Pendulum "New" view on globalization - ️️A force sweeping through the world in recent times. "Evolutionary" view on globalization - ️️A long-run historical evolution since the dawn of human history "Pendulum" view on globalization - ️️One that swings from one extreme to another from time to time Foreign Direct Investment - ️️Direct investment in, control, and management of value-added activities in other countries Political views on FDI - ️️Radical View, Free Market View, Pragmatic Nationalism Benefits to a country receiving FDI - ️️Capital Inflow, Technology Spillover, Advanced Management Know-How, Job creation Costs to a country receiving FDI - ️️Loss of Sovereignty, Adverse effects on competition, Capital outflow.