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WGU C211 - Global Economics for Managers with
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complete solution 2022/2023 UPDATE
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Views on Globalization - correct answer ✅New, Evolutionary, and
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Pendulum
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"New" view on globalization - correct answer ✅A force sweeping through
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the world in recent times.
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"Evolutionary" view on globalization - correct answer ✅A long-run
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historical evolution since the dawn of human history
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"Pendulum" view on globalization - correct answer ✅One that swings from
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one extreme to another from time to time
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WAMBUIDOC1
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Foreign Direct Investment - correct answer ✅Direct investment in, control,
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and management of value-added activities in other countries
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Political views on FDI - correct answer ✅Radical View, Free Market View,
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Pragmatic Nationalism
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Benefits to a country receiving FDI - correct answer ✅Capital Inflow,
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Technology Spillover, Advanced Management Know-How, Job creation
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Costs to a country receiving FDI - correct answer ✅Loss of Sovereignty,
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Adverse effects on competition,
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Capital outflow.
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How do resources and capabilities influence the competitive dynamics of a
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business? - correct answer ✅Resource similarity and market commonality
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can yield a powerful framework for competitor analysis.
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Resource similarity - correct answer ✅The extent to which a given
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competitor possesses strategic endowment comparable, in terms of both
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type and amount, to those of the focal firm.
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WAMBUIDOC2
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How does resource similarity impact competitive dynamics? - correct
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answer ✅Firms with a high degree are likely to have similar competitive
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actions. (Starbuck's instant coffee & McDonald's iced coffee)
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Classical theories of international trade - correct answer ✅Mercantilism,
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Absolute advantage, and Comparative advantage
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Modern theory view - correct answer ✅Dynamic
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Classical theory view - correct answer ✅Static
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Absolute advantage - correct answer ✅The economic advantage one
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nation enjoys that is superior to other nations
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Comparative advantage - correct answer ✅The advantage one economic
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activity nation enjoys in comparison with other nations (relative, not
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absolute)
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WAMBUIDOC3
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WGU C211 - Global Economics for Managers with
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complete solution 2022/2023 UPDATE
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la
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Views on Globalization - correct answer ✅New, Evolutionary, and
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Pendulum
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"New" view on globalization - correct answer ✅A force sweeping through
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the world in recent times.
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"Evolutionary" view on globalization - correct answer ✅A long-run
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historical evolution since the dawn of human history
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"Pendulum" view on globalization - correct answer ✅One that swings from
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one extreme to another from time to time
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WAMBUIDOC1
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Foreign Direct Investment - correct answer ✅Direct investment in, control,
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and management of value-added activities in other countries
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sh
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Political views on FDI - correct answer ✅Radical View, Free Market View,
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Pragmatic Nationalism
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Benefits to a country receiving FDI - correct answer ✅Capital Inflow,
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Technology Spillover, Advanced Management Know-How, Job creation
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Costs to a country receiving FDI - correct answer ✅Loss of Sovereignty,
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Adverse effects on competition,
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Capital outflow.
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la
tz
sh
Sp
How do resources and capabilities influence the competitive dynamics of a
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business? - correct answer ✅Resource similarity and market commonality
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sh
Sp
can yield a powerful framework for competitor analysis.
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la
tz
sh
Sp
ne
Resource similarity - correct answer ✅The extent to which a given
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sh
competitor possesses strategic endowment comparable, in terms of both
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type and amount, to those of the focal firm.
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WAMBUIDOC2
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Sp
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Sp
, ne
tz
sh
ne
la
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How does resource similarity impact competitive dynamics? - correct
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answer ✅Firms with a high degree are likely to have similar competitive
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actions. (Starbuck's instant coffee & McDonald's iced coffee)
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ne
la
tz
sh
Sp
ne
Classical theories of international trade - correct answer ✅Mercantilism,
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Absolute advantage, and Comparative advantage
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ne
la
tz
sh
Sp
Modern theory view - correct answer ✅Dynamic
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sh
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Classical theory view - correct answer ✅Static
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Absolute advantage - correct answer ✅The economic advantage one
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nation enjoys that is superior to other nations
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Comparative advantage - correct answer ✅The advantage one economic
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activity nation enjoys in comparison with other nations (relative, not
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absolute)
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sh
Sp
ne
la
WAMBUIDOC3
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Sp
