GLOBAL ECONOMICS FOR MANAGERS (UZC2).
WGU C211-PRE ASSESSMENT MOST RECENT
COMPREHENSIVE QUESTIONS AND ANSWERS
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Terms in this set (49)
Which view claims that The new-force view
the phenomenon of
globalization was initially
driven by the desire of
Western economies to
exploit their power
through multinational
enterprises?
Economic gains come Resource-based view
from international trade
because one country's
exported goods,
services, or other items
are unique, valuable, and
difficult to duplicate to
the importing countries
What is the aggregation Balance of trade
of importing and
exporting that leads to
the country-level trade
surplus or deficit?
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, 5/18/25, 5:05 PM GLOBAL ECONOMICS FOR MANAGERS (UZC2). WGU C211-PRE ASSESSMENT MOST RECENT COMPREHENSIVE QU…
What is a cost of foreign Developing countries may be exploited by
direct investment? multinational enterprises (MNE).
What may precious, rare, Sustained comparative advantage
and hard-to-duplicate
resources and
capabilities lead to for a
firm?
Which theory states that Product life cycle theory
patterns of international
trade change across new,
maturing, and
standardized stages?
What is the financial International monetary system
environment in which
exchange rates and
payments for goods and
services are conducted?
What happens to a Exchange rates fall and interest rates rise.
country's real exchange
rate and nominal interest
rate as the price level
increases, assuming all
other factors are
unchanged?
What is the easiest Currency diversification
method nonfinancial
companies use to handle
currency fluctuations?
Which strategy minimizes Currency swap
the risk of unanticipated
changes in future
exchange rates?
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