8/12/25, 10:01 PM UPDATED 2024/2025 C211 OA Questions and answers With Complete Solution Graded and Already Passed. Flashcards | Quizlet
UPDATED 2024/2025 C211 OA Questions and
answers With Complete Solution Graded and
Already Passed.
the rate at which a person real exchange rate
can trade the goods and
services of one country for
the goods and services of
another
the relative price of the nominal exchange rate
currency of two countries
the relative price of the real exchange rate
goods and services of two
countries
the production of goods and nominal GDP
services valued at current
prices
1/20
,8/12/25, 10:01 PM UPDATED 2024/2025 C211 OA Questions and answers With Complete Solution Graded and Already Passed. Flashcards | Quizlet
view that claims phenomenon new
of
globalization was initially
driven by the desire of
Western economies to
exploit their power through
MNE's
view that claims evolutionary
globalization is a long-run
historical evolution since
the dawn of humanity. Says
it is nothing new and that it
will always exist
view that claims pendulum
globalization is swinging
from one extreme to
another from time to time
investment in, controlling, foreign direct investment
and managing value-added
activities in other countries
political view hostile to FDI. radical
believes it is an instrument of
imperialism and vehicle for
exploitation of domestic
resources by
foreign capitalists and firms
suggests that FDI, free market
unrestricted by government
intervention, will enable
countries to tap into their
absolute or
comparative advantages by
specializing in the
production of certain goods
and
services
2/20
, 8/12/25, 10:01 PM UPDATED 2024/2025 C211 OA Questions and answers With Complete Solution Graded and Already Passed. Flashcards | Quizlet
views FDI as having pros and pragmatic nationalis
cons and only approving FDI
when its benefits outweigh
costs
what benefits exist to a capital inflow, technology spillovers, advanced management
country receiving FDI? know-how, creates jobs
loss of sovereignty, adverse effects on
what costs exist to a country
receiving FDI? competition, net outflow in the capital account
The aggregation of importing balance of trade
and
exporting that leads to the
country-level trade surplus
or deficit.
firms with a degree of high
resource
similarity are likely to
have similar
competitive actions
a high degree of resource highest
similarity but low market
commonality = ___ intensity
of
rivalry
little resource similarity lowest
but high market
commonality =
__________ intensity of
rivalry
mercantilism, absolute classical
advantage and comparative
advantage belong to what
theory of international
trade
theory of international modern
trade that relies on more
realistic product life cycles
and first mover advantages
3/20
UPDATED 2024/2025 C211 OA Questions and
answers With Complete Solution Graded and
Already Passed.
the rate at which a person real exchange rate
can trade the goods and
services of one country for
the goods and services of
another
the relative price of the nominal exchange rate
currency of two countries
the relative price of the real exchange rate
goods and services of two
countries
the production of goods and nominal GDP
services valued at current
prices
1/20
,8/12/25, 10:01 PM UPDATED 2024/2025 C211 OA Questions and answers With Complete Solution Graded and Already Passed. Flashcards | Quizlet
view that claims phenomenon new
of
globalization was initially
driven by the desire of
Western economies to
exploit their power through
MNE's
view that claims evolutionary
globalization is a long-run
historical evolution since
the dawn of humanity. Says
it is nothing new and that it
will always exist
view that claims pendulum
globalization is swinging
from one extreme to
another from time to time
investment in, controlling, foreign direct investment
and managing value-added
activities in other countries
political view hostile to FDI. radical
believes it is an instrument of
imperialism and vehicle for
exploitation of domestic
resources by
foreign capitalists and firms
suggests that FDI, free market
unrestricted by government
intervention, will enable
countries to tap into their
absolute or
comparative advantages by
specializing in the
production of certain goods
and
services
2/20
, 8/12/25, 10:01 PM UPDATED 2024/2025 C211 OA Questions and answers With Complete Solution Graded and Already Passed. Flashcards | Quizlet
views FDI as having pros and pragmatic nationalis
cons and only approving FDI
when its benefits outweigh
costs
what benefits exist to a capital inflow, technology spillovers, advanced management
country receiving FDI? know-how, creates jobs
loss of sovereignty, adverse effects on
what costs exist to a country
receiving FDI? competition, net outflow in the capital account
The aggregation of importing balance of trade
and
exporting that leads to the
country-level trade surplus
or deficit.
firms with a degree of high
resource
similarity are likely to
have similar
competitive actions
a high degree of resource highest
similarity but low market
commonality = ___ intensity
of
rivalry
little resource similarity lowest
but high market
commonality =
__________ intensity of
rivalry
mercantilism, absolute classical
advantage and comparative
advantage belong to what
theory of international
trade
theory of international modern
trade that relies on more
realistic product life cycles
and first mover advantages
3/20
