C 211 Global Economics for Managers WGU Pre Assessment and Retake Sections if you Failed the OA WITH Correct Answers 100% Verified 2024/2025

C 211 Global Economics for Managers WGU Pre Assessment and Retake Sections if you Failed the OA WITH Correct Answers 100% Verified 2024/2025 The resource-based view of global business differs from the institution-based view of global business in that the resource-based view _____. - Correct Answer focuses on the internal strengths on the firm Which of the following is true of globalization according to the "pendulum view" perspective? - Correct Answer Globalization is a not a one-directional phenomenon. The _____ of globalization suggests that globalization is neither recent nor one-directional. - Correct Answer pendulum view Which of the following is true of semiglobalization? - Correct Answer It is a type of globalization that lies between total isolation and total globalization. Globalization can be viewed as: - Correct Answer A new force sweeping through the world in recent times. A long-run historical evolution since the dawn of human history. A pendulum that swings from one extreme to another from time to time. Name the three views of globalization. - Correct Answer A recent force, a long-running evolution, and a pendulum The _____ theory viewed international trade as a zero-sum game. - Correct Answer mercantilism The _____ principle advocated that governments should actively protect domestic industries from imports and vigorously promote exports. - Correct Answer protectionism Which of the following is a modern trade theory? - Correct Answer National competitive advantage The _____ theory is based on the assumption that the wealth of the world is fixed. - Correct Answer mercantilism Import quotas are a type of _____. - Correct