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C211 WGU Study Guide Questions with Correct Answers 100% Verified 2024/2025 Globalization - Correct Answer Is the close integration of countries and peoples of the world which has been brought about by the enormous reduction of the cost of transportation and communication, and the breaking down of artificial barriers to the flows of goods, services, capital, knowledge, and (to a lesser extent) people across borders. New view of Globalization - Correct Answer A new force sweeping through the ...

C211 WGU OA Study Questions with Correct Answers 100% Verified 2024/2025 Which political view of foreign direct investment (FDI) is most widely used by governments in the current international business environment? - Correct Answer Protectionism Which factors credit the degree of rivalry between a pair of competitors? 2 choices - Correct Answer Market Commonality Cost Structure Which factors credit how local firms in emerging economics will respond to multinational competitors? - Correct...

WGU C211 Study Questions with Correct Answers 100% Verified and Graded A+ 2024/2025 The term "emerging economies" has replaced the term _____. - Correct Answer developing countries The gross domestic product plus the income from non-resident sources abroad gives the ____. - Correct Answer gross national product More than 25% of global GDP comes from _____. - Correct Answer BRICS countries Viewing the global economy as a pyramid, the Triad refers to _____. - Correct Answer North Ameri...

WGU C211 Global Economics Study Questions with Correct Answers 100% Verified 2024/2025 Suppose that the United States imposes a tariff on avocados imported from Mexico. What impact will this have on the price paid for avocados by United States citizens? - Correct Answer The price will increase. Which of the following is a consequence of a country imposing a tariff on imported goods? - Correct Answer The demand for foreign produced goods decreases. Suppose that the United States impos...

WGU C211 Focus Questions from Chapters, C211 Global Economics for Managers with Correct Answers 100% Verified 2024/2025 Globalization can be viewed as: - Correct Answer 1. a new force sweeping through the world in recent times. 2. a long-run historical evolution since the dawn of human history. 3. a pendulum that swings from one extreme to another from time to time. Which are the three views of globalization? - Correct Answer A recent force, a long-running evolution, and a pendulum An...

PRE-ASSESSMENT: GLOBAL ECONOMICS FOR MANAGERS (UZC2). WGU C211. Correct Answers Only 100% Verified 2024/2025 Which view claims that the phenomenon of globalization was initially driven by the desire of Western economies to exploit their power through multinational enterprises? - Correct Answer The new-force view ch 1 peng 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 importi...

WGU C211 - Global Economics for Managers Study Questions with Correct Answers 100% Graded A+ Verified 2024/2025 Explain the New, Evolutionary, and Pendulum views of Globalization. How do these differ from one another? - Correct Answer "New" view on globalization - A force sweeping through the world in recent times. "Evolutionary" view on globalization - A long-run historical evolution since the dawn of human history. "Pendulum" view on globalization - One that swings from one extrem...

WGU C211 - Global Economics for Managers Study Questions with Correct and Verified Answers 100% Graded A+ 2024/2025 ***What Political views exist on Foreign Direct Investment (FDI)*** - Correct Answer ***answer includes radicalism*** Radical View - Hostile to foreign direct investment (FD) Free Market View - Suggests foreign direct investment (FDI) unrestricted by government intervention is the best. Pragmatic Nationalism - Only approves foreign direct investment (FDI) when its benefits ...

C211 Global Economics for Managers Study Questions with Correct Answers 100% Verified 2024/2025 Base of the pyramid (BOP) - Correct Answer Economies where people make less than $2,000 per capita per year Approx 5 billion people second tier - Correct Answer per capita GDP/GNI $ approx 1 billion people top tier - Correct Answer per capita GDP/GNI > $20000 approx 1 billion people BRIC - Correct Answer Brazil, Russia, India, and China. Emerging economies - Correct Answer term th...

WGU C211 - Global Economics for Managers Questions with Correct Answers 100% Verified 2024/2025 Explain the New, Evolutionary, and Pendulum views of Globalization. How do these differ from one another? - Correct Answer "New" view on globalization - A force sweeping through the world in recent times. "Evolutionary" view on globalization - A long-run historical evolution since the dawn of human history. "Pendulum" view on globalization - One that swings from one extreme to another fro...