GLOBAL ECONOMICS WGU C211 Pre-Assessment test questions with 100% correct answers
WGU C211 Pre-Assessment test questions with 100% correct answers Which view claims that the phenomenon of globalization was initially driven by the desire of Western economies to exploit their power through multinational enterprise? - 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. Which view does this statement portray? - answer Resource-based view What is the aggregation of importing and exporting that leads to the country-level trade surplus or deficit? - answer Balance of trade What is a cost of foreign direct investment? - 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? - answer Sustained comparative advantage Which theory
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