WGU C211 Global Economics Chapter 1 questions and answers
WGU C211 Chapter 1 questions and answers International Business - answer (IB) A business (or firm) that engages in international (cross-boarder) economic activities. Multinational Enterprise - answer (MNE) A firm that engages in foreign direct investment. Foreign Direct Investment - answer (FDI) When a business participates in investing, controlling, and managing value-added activities in other countries. International - answer Focuses on foreign entrants Business Port - answer Includes domestic businesses Global Business - answer Business around the Globe. Emerging Economies - answer Replaced the term "developing countries" Purchasing Power Parity - answer (PPP) A conversion that determines the equivalent amounts of goods & services that different currencies can purchase.
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- January 6, 2024
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