WGU C211 Pre-Assessment Exam
Questions and Answers 100% Solved
Which view claims that the phenomenon of globalization was initially driven
by the desire of Western economies to exploit their power through
multinational enterprise? - ✔✔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? - ✔✔Resource-based view
What is the aggregation of importing and exporting that leads to the
country-level trade surplus or deficit? - ✔✔Balance of trade
What is a cost of foreign direct investment? - ✔✔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? - ✔✔Sustained comparative advantage
Which theory states that patterns of international trade change across new,
maturing, and standardized states? - ✔✔Product life cycle theory
1
©JOSHCLAY 2024/2025. YEAR PUBLISHED 2024.
, What is the financial environment in which exchange rates and payments
for goods and services are conducted? - ✔✔International monetary system
What happens to a country's real exchange rate and nominal interest rate
as the price level increases, assuming all other factors are unchanged? -
✔✔Exchange rates depreciate; interest rates increase
What is the easiest method nonfinancial companies use to handle currency
fluctuations? - ✔✔Currency diversification
Which strategy minimizes the risk of unanticipated changes in future
exchange rates? - ✔✔Currency swap
A company is looking for a location with an abundance of ground-breaking
individuals, firms, and universities. Which type of strategic goal is this
company demonstrating? - ✔✔Innovation-seeking
What advantage comes with not sharing benefits with late entrants? -
✔✔First-mover advantage
Which entry mode is a non-equity arrangement for a company entry into a
foreign market? - ✔✔Licensing
What size commitment is required for a non-equity mode of entry into a
foreign market? - ✔✔Small commitment
2
©JOSHCLAY 2024/2025. YEAR PUBLISHED 2024.
Questions and Answers 100% Solved
Which view claims that the phenomenon of globalization was initially driven
by the desire of Western economies to exploit their power through
multinational enterprise? - ✔✔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? - ✔✔Resource-based view
What is the aggregation of importing and exporting that leads to the
country-level trade surplus or deficit? - ✔✔Balance of trade
What is a cost of foreign direct investment? - ✔✔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? - ✔✔Sustained comparative advantage
Which theory states that patterns of international trade change across new,
maturing, and standardized states? - ✔✔Product life cycle theory
1
©JOSHCLAY 2024/2025. YEAR PUBLISHED 2024.
, What is the financial environment in which exchange rates and payments
for goods and services are conducted? - ✔✔International monetary system
What happens to a country's real exchange rate and nominal interest rate
as the price level increases, assuming all other factors are unchanged? -
✔✔Exchange rates depreciate; interest rates increase
What is the easiest method nonfinancial companies use to handle currency
fluctuations? - ✔✔Currency diversification
Which strategy minimizes the risk of unanticipated changes in future
exchange rates? - ✔✔Currency swap
A company is looking for a location with an abundance of ground-breaking
individuals, firms, and universities. Which type of strategic goal is this
company demonstrating? - ✔✔Innovation-seeking
What advantage comes with not sharing benefits with late entrants? -
✔✔First-mover advantage
Which entry mode is a non-equity arrangement for a company entry into a
foreign market? - ✔✔Licensing
What size commitment is required for a non-equity mode of entry into a
foreign market? - ✔✔Small commitment
2
©JOSHCLAY 2024/2025. YEAR PUBLISHED 2024.
