WGU C211 Global Economics Preassessment (Answered) Complete Solution

Which view claims that the phenomenon of globalization was initially driven by the desire of Western economies to exploit their power through multinational enterprises? The new force view 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 importing countries. Which view does this statement portray? Resource Based Vew What is the aggregation of importing and exporting that leads to the country-level trade surplus or deficit? Balance of Trade What is a cost of foreign direct investment? A developing country may be exploited by a MNE What may precious, rare, and hard-to-duplicate resources and capabilities lead to for a firm? Sustained Comparative Advantage