C211 OA 2025/2026 ACCURATE QUESTIONS AND
ANSWERS 100% GUARANTEED PASS
view that claims phenomenon of globalization was initially driven by the desire of Western economies to
exploit their power through MNE's - ANS-new
view that claims globalization is a long-run historical evolution since the dawn of humanity. Says it is
nothing new and that it will always exist - ANS-evolutionary
view that claims globalization is swinging from one extreme to another from time to time - ANS-
pendulum
investment in, controlling, and managing value-added activities in other countries - ANS-foreign direct
investment
political view hostile to FDI. believes it is an instrument of imperialism and vehicle for exploitation of
domestic resources by foreign capitalists and firms - ANS-radical
suggests that FDI, unrestricted by government intervention, will enable countries to tap into their
absolute or comparative advantages by specializing in the production of certain goods and services -
ANS-free market
views FDI as having pros and cons and only approving FDI when its benefits outweigh costs - ANS-
pragmatic nationalis
what benefits exist to a country receiving FDI? - ANS-capital inflow, technology spillovers, advanced
management know-how, creates jobs
what costs exist to a country receiving FDI? - ANS-loss of sovereignty, adverse effects on competition,
net outflow in the capital account
, The aggregation of importing and exporting that leads to the country-level trade surplus or deficit. -
ANS-balance of trade
firms with a _____ degree of resource similarity are likely to have similar competitive actions - ANS-high
a high degree of resource similarity but low market commonality = _______ intensity of rivalry - ANS-
highest
little resource similarity but high market commonality = _____ intensity of rivalry - ANS-lowest
mercantilism, absolute advantage and comparative advantage belong to what theory of international
trade - ANS-classical
theory of international trade that relies on more realistic product life cycles and first mover advantages -
ANS-modern
under free trade, a nation gains by specializing in economic activities in which it has _____advantage -
ANS-absolute
focuses on the idea that if a country does not have absolute advantage, they can still choose to
specialize in the production of one good where it has ______ advantage - ANS-comparative
comparative advantage and absolute advantage stem from - ANS-factor endowments
theory that the wealth of the world is fixed and that a nation that imports more and exports less will be
richer - ANS-mercantilism
stage of the product life cycle where production of a new product that commands a price premium will
concentrate in the US - ANS-new
ANSWERS 100% GUARANTEED PASS
view that claims phenomenon of globalization was initially driven by the desire of Western economies to
exploit their power through MNE's - ANS-new
view that claims globalization is a long-run historical evolution since the dawn of humanity. Says it is
nothing new and that it will always exist - ANS-evolutionary
view that claims globalization is swinging from one extreme to another from time to time - ANS-
pendulum
investment in, controlling, and managing value-added activities in other countries - ANS-foreign direct
investment
political view hostile to FDI. believes it is an instrument of imperialism and vehicle for exploitation of
domestic resources by foreign capitalists and firms - ANS-radical
suggests that FDI, unrestricted by government intervention, will enable countries to tap into their
absolute or comparative advantages by specializing in the production of certain goods and services -
ANS-free market
views FDI as having pros and cons and only approving FDI when its benefits outweigh costs - ANS-
pragmatic nationalis
what benefits exist to a country receiving FDI? - ANS-capital inflow, technology spillovers, advanced
management know-how, creates jobs
what costs exist to a country receiving FDI? - ANS-loss of sovereignty, adverse effects on competition,
net outflow in the capital account
, The aggregation of importing and exporting that leads to the country-level trade surplus or deficit. -
ANS-balance of trade
firms with a _____ degree of resource similarity are likely to have similar competitive actions - ANS-high
a high degree of resource similarity but low market commonality = _______ intensity of rivalry - ANS-
highest
little resource similarity but high market commonality = _____ intensity of rivalry - ANS-lowest
mercantilism, absolute advantage and comparative advantage belong to what theory of international
trade - ANS-classical
theory of international trade that relies on more realistic product life cycles and first mover advantages -
ANS-modern
under free trade, a nation gains by specializing in economic activities in which it has _____advantage -
ANS-absolute
focuses on the idea that if a country does not have absolute advantage, they can still choose to
specialize in the production of one good where it has ______ advantage - ANS-comparative
comparative advantage and absolute advantage stem from - ANS-factor endowments
theory that the wealth of the world is fixed and that a nation that imports more and exports less will be
richer - ANS-mercantilism
stage of the product life cycle where production of a new product that commands a price premium will
concentrate in the US - ANS-new
