PRE-ASSESSMENT: GLOBAL ECONOMICS FOR
MANAGERS (UZC2). WGU C211. Correct Answers
Only/ Already A+ Score.
Practice questions for this set
Learn 1/ 7 Study with Learn
Average variable costs are above the price.
Choose matching term
What is a cost of foreign direct What are the two polar types of
1
investment? economies?
2
Choose 2 answers
Which condition applies when a What is the financial environment in
3 competitive firm decides to which exchange rates and payments
4
temporarily shut down? for goods and services are
conducted?
Don't know?
, Terms in this set (49)
Which view claims that the The new-force view
phenomenon of
globalization was initially
driven by the desire of
Western economies to
exploit their power through
multinational enterprises?
Economic gains come from Resource-based view
international trade because
one country's exported
goods, services, or other
items are unique, valuable,
and difficult to duplicate to
the importing countries
What is the aggregation of Balance of trade
importing and exporting that
leads to the countrylevel
trade surplus or deficit?
What is a cost of foreign Developing countries may be exploited by multinational
direct investment? enterprises (MNE).
What may precious, rare, Sustained comparative advantage
and hard-to-duplicate
resources and capabilities
lead to for a firm?
Product life cycle theory
Which theory states that
patterns of international
trade change across new,
maturing, and standardized
stages?
MANAGERS (UZC2). WGU C211. Correct Answers
Only/ Already A+ Score.
Practice questions for this set
Learn 1/ 7 Study with Learn
Average variable costs are above the price.
Choose matching term
What is a cost of foreign direct What are the two polar types of
1
investment? economies?
2
Choose 2 answers
Which condition applies when a What is the financial environment in
3 competitive firm decides to which exchange rates and payments
4
temporarily shut down? for goods and services are
conducted?
Don't know?
, Terms in this set (49)
Which view claims that the The new-force view
phenomenon of
globalization was initially
driven by the desire of
Western economies to
exploit their power through
multinational enterprises?
Economic gains come from Resource-based view
international trade because
one country's exported
goods, services, or other
items are unique, valuable,
and difficult to duplicate to
the importing countries
What is the aggregation of Balance of trade
importing and exporting that
leads to the countrylevel
trade surplus or deficit?
What is a cost of foreign Developing countries may be exploited by multinational
direct investment? enterprises (MNE).
What may precious, rare, Sustained comparative advantage
and hard-to-duplicate
resources and capabilities
lead to for a firm?
Product life cycle theory
Which theory states that
patterns of international
trade change across new,
maturing, and standardized
stages?
