Global Economics WGU C211 - Competency 1 FINAL EXAM QUESTIONS AND ANSWERS
WGU C211 - Competency 1 FINAL EXAM QUESTIONS AND ANSWERS Views on Globalization - ANSWER New, Evolutionary, and Pendulum "New" view on globalization - ANSWER A force sweeping through the world in recent times. "Evolutionary" view on globalization - ANSWER A long-run historical evolution since the dawn of human history "Pendulum" view on globalization - ANSWER One that swings from one extreme to another from time to time Foreign Direct Investment - ANSWER Direct investment in, control, and management of value-added activities in other countries Political views on FDI - ANSWER Radical View, Free Market View, Pragmatic Nationalism Benefits to a country receiving FDI - ANSWER Capital Inflow, Technology Spillover, Advanced Management Know-How, Job creation Costs to a country receiving FDI - ANSWER Loss of Sovereignty, Adverse effects on competition, Capital outflow.
Written for
- Institution
- WGU C211
- Course
- WGU C211
Document information
- Uploaded on
- January 6, 2024
- Number of pages
- 4
- Written in
- 2023/2024
- Type
- Exam (elaborations)
- Contains
- Unknown
Subjects
Also available in package deal