WGU C211 Global Economics for Managers Final Exam | Questions and Verified Answers| 100% Correct (Latest 2024) Grade A

WGU C211 Global Economics for Managers Final Exam | Questions and Verified Answers| 100% Correct (Latest 2024) Grade A Which view claims that the phenomenon of globalization was initially driven by the desire of Western economies to exploit their power through multinational enterprises? - 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 importing country - 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) Which type of managerial capability is both challenging and difficult to imitate? - ANSWER Intangible capability What may precious, rare and hard to duplicate resources and capabilities lead to for a firm? - ANSWER Sustained comparative advantage Which theory of international trade states that poor countries often experience faster rates of economic growth compared to wealthy countries? - ANSWER The catch-up effect