WGU C211 - Global Economics for Managers Explore New Actual
Questions and Answer | New 2025 Update|100% Correct.
, WGU C211 - Global Economics for Managers Explore New Actual
Questions and Answer | New 2025 Update|100% Correct.
Foreign Direct Direct investment in, control, and management of value-added
Investment activities in other countries
Political views on FDI Radical View, Free Market View, Pragmatic
Nationalism
Benefits to a country Capital Inflow, Technology Spillover, Advanced
receiving FDI Management Know-How, Job creation
Costs to a country receiving Loss of Sovereignty, Adverse effects on competition,
FDI Capital outflow.
How do resources and Resource similarity and market commonality can yield a
capabilities influence the powerful framework for competitor analysis.
competitive dynamics of a
business?
Resource similarity The extent to which a given competitor possesses strategic
endowment comparable, in terms of both type and amount,
to those of the focal firm.
, WGU C211 - Global Economics for Managers Explore New Actual
Questions and Answer | New 2025 Update|100% Correct.
How does resource Firms with a high degree are likely to have similar competitive
similarity impact actions. (Starbuck's instant coffee &
competitive dynamics?
McDonald's iced coffee)
Classical theories of Mercantilism, Absolute advantage, and
international trade Comparative advantage
Modern theory view Dynamic
Classical theory view Static
Absolute advantage The economic advantage one nation enjoys that is superior to
other nations
Comparative advantage The advantage one economic activity nation enjoys in
comparison with other nations (relative, not absolute)
, WGU C211 - Global Economics for Managers Explore New Actual
Questions and Answer | New 2025 Update|100% Correct.
Mercantilism A theory that suggests that the wealth of the world is
fixed and that a nation that exports more and imports
less will be richer.
Features of the product life New, Maturing, and Standardized
cycle?
Strategic trade Intervention by governments in certain industries can
enhance their odds for international success.
How are supply and The price of a commodity, a country's currency, is
demand related to the fundamentally determined by this. Strong demand leads to
exchange rate of a country? price hikes; oversupply results in price drops.
Mercantilism (although both are of the idea that governments
Which theory came first? should actively protect domestic industries from imports and
vigorously promote exports)
Questions and Answer | New 2025 Update|100% Correct.
, WGU C211 - Global Economics for Managers Explore New Actual
Questions and Answer | New 2025 Update|100% Correct.
Foreign Direct Direct investment in, control, and management of value-added
Investment activities in other countries
Political views on FDI Radical View, Free Market View, Pragmatic
Nationalism
Benefits to a country Capital Inflow, Technology Spillover, Advanced
receiving FDI Management Know-How, Job creation
Costs to a country receiving Loss of Sovereignty, Adverse effects on competition,
FDI Capital outflow.
How do resources and Resource similarity and market commonality can yield a
capabilities influence the powerful framework for competitor analysis.
competitive dynamics of a
business?
Resource similarity The extent to which a given competitor possesses strategic
endowment comparable, in terms of both type and amount,
to those of the focal firm.
, WGU C211 - Global Economics for Managers Explore New Actual
Questions and Answer | New 2025 Update|100% Correct.
How does resource Firms with a high degree are likely to have similar competitive
similarity impact actions. (Starbuck's instant coffee &
competitive dynamics?
McDonald's iced coffee)
Classical theories of Mercantilism, Absolute advantage, and
international trade Comparative advantage
Modern theory view Dynamic
Classical theory view Static
Absolute advantage The economic advantage one nation enjoys that is superior to
other nations
Comparative advantage The advantage one economic activity nation enjoys in
comparison with other nations (relative, not absolute)
, WGU C211 - Global Economics for Managers Explore New Actual
Questions and Answer | New 2025 Update|100% Correct.
Mercantilism A theory that suggests that the wealth of the world is
fixed and that a nation that exports more and imports
less will be richer.
Features of the product life New, Maturing, and Standardized
cycle?
Strategic trade Intervention by governments in certain industries can
enhance their odds for international success.
How are supply and The price of a commodity, a country's currency, is
demand related to the fundamentally determined by this. Strong demand leads to
exchange rate of a country? price hikes; oversupply results in price drops.
Mercantilism (although both are of the idea that governments
Which theory came first? should actively protect domestic industries from imports and
vigorously promote exports)
