WGU D080 Correctly Solved Exam |Question and Answer| 100% Correct

WGU D080 Correctly Solved Exam |Question and Answer| 100% Correct Sure Start is starting a new division for rechargeable batteries in different parts of the world. What was the globalization driver of this decision? *Ans* Competition drivers are about entering new markets to beat competitors. Sure Start has identified a market that does not have a lot of competition since it is a fairly new market. Which type of globalization is represented by Sure Start expanding into South America, Europe, and Asia? *Ans* Economic globalization is the globalization of production, sales, and finance activities in international markets around the world. Which antiglobalization argument could lead to Sure Start continuing to maintain its current factories instead of moving them to Asia? *Ans* Labor in Asia can be cheaper than in NC, and critics argue that outsourcing manufacturing could lead to job loss in the home country. Which action should the U.S. government take to encourage Sure Start to keep electric battery production in the country? *Ans* Imposing tariffs on batteries made in Vietnam will make them more expensive. Which economic system facilitates the global expansion of Sure Start? *Ans* The law of supply and demand applies to the market economy, and the goods are privately owned. Government interference is minimum. Which type of risk will a company reduce if they offer a warranty to the purchasers of the battery in case of failure? *Ans* Offering a warranty protects the company from the legal risk of a product not performing to standard. Which aspect of the International Monetary Fund (IMF) will assist the newly elected leader in paying the deficit in U.S. dollars, if agreed on by both countries? *Ans* The IMF's purpose is to provide a way for countries to easily exchange money, provide financial help to its members, and supervise international economic policies. Which critical distinction should Country A make when choosing between the World Bank and the International Monetary Fund (IMF) to improve the country's highways? *Ans* The World Bank is directly associated with this type of development project. Which benefit to the newly-elected leader in Country A stems from using the World Bank to meet a campaign promise? *Ans* The World Bank provides funds through low interest or interest-free loans, grants, and credits to help the country develop its infrastructure. Why should the newly-elected leader of Country A be careful when working with the World Bank to eliminate the nation's trade deficit? *Ans* Because of the voting power highlydeveloped countries have on World Bank policies Why should the newly-elected leader of Country A use the World Trade Organization (WTO) to form favorable trade agreements? *