WGU C211 Global Economics for Managers (C211)

1- Explain the New, Evolutionary, and Pendulum views of Globalization. How do these differ from one another? Globalization is the close integration of countries and peoples of the world. 3 views of globalization -New- a new force sweeping through the world in recent times that it is a new phenomenon beginning in the late 20th century, driven by recent technological innovations and a Western ideology focused on exploiting and dominating the world through Multinational enterprises -Evolution...

The term "emerging economies" has replaced the term _____. Correct ans - Developing countries The gross domestic product plus the income from non-resident sources abroad gives the ____. Correct ans - gross national product More than 25% of global GDP comes from _____. Correct ans - BRICS countries Viewing the global economy as a pyramid, the Triad refers to _____. Correct ans - North America, Western Europe, and Japan People who earn ____...

WGU C211 Study Guide Views of globalization (Chp 1.4) - correct answer 1. It's a new phenomenom, starting in the late 20th century. 2. It's a long term part of human history. 3. Neither recent nor one directional, it's a pendulum that swings back and forth. Strategic goal = Natural resource—seeking - correct answer Location specific advantage = Possession of natural resources and related transport and communication infrastructure Strategic goal = Market-seeking - correct answer ...

WGU C211 STUDY GUIDE QUESTIONS & ANSWERS 2023 ( A+ GRADED 100% VERIFIED)

W.G.U C211 Global Economics for Managers OA Quiz

W.G.U C211 Global Economics for Managers OA Exam

WGU C211 Pre-assessment #2 Questions and Answers (2022/2023) (Verified Answers)

Views of globalization (Chp 1.4) CORRECT ANSWER 1. It's a new phenomenom, starting in the late 20th century. 2. It's a long term part of human history. 3. Neither recent nor one directional, it's a pendulum that swings back and forth. Strategic goal = Natural resource—seeking CORRECT ANSWER Location specific advantage = Possession of natural resources and related transport and communication infrastructure Strategic goal = Market-seeking CORRECT ANSWER Location specific advantage = A...

WGU C211 - Global Economics for Managers. Key concepts: perfectly competitive... federal open market... perfectly competitive... Terms in this set (136) Mercantilism A theory that suggests that the wealth of the world is fixed and that a nation that exports more and imports less will be richer. Features of the product life cycle? New, Maturing, and Standardized Strategic trade Intervention by governments in certain industries can enhance their odds for international success. How are...