10/12/25, 4:59 PM C211 OA
C211 OA NEWEST EXAM COMPLETE QUESTIONS AND
CORRECT DETAILED ANSWERS (VERIFIED ANSWERS)
|ALREADY GRADED A+||BRAND NEW VERSION!!
comparative advantage and factor endowments
absolute advantage stem
from
theory that the wealth of the mercantilism
world is fixed and that a
nation that imports more
and exports less will be
richer
stage of the product life new
cycle where production of a
new product that
commands a price premium
will
concentrate in the US
stage of the product life cycle maturing
where
demand and ability to
produce grow in other
developed nations
stage of the product life cycle standardized
where the previously new
product is commoditized
and production will now move
to low-cost developing
nations
comparative advantage trade
may change over time
because patterns of change
over
/ 1/20
,10/12/25, 4:59 PM C211 OA
time
theory that suggests that strategic trade
intervention by governments
in certain industries can
enhance their odds for
international success
if a company seeks to limit currency hedging
foreign exchange rate
exposure in the forward
direction, what is the most
effective way to
do this?
exchange rate risk associating transaction risk
with the time delay between
entering a contract and
settling it
forward transaction that hedging
protects traders
and investors from exposure
to fluctuations of the spot
rate
a means of spreading out strategic heding
activities in different
currency zones in order to
offset the currency losses in
certain regions
through gains in other regions
amount of resources scale of entry
committed to entering a
foreign market
how do institutions reduce by signaling which conduct is legit and which is not
uncertainty?
/ 2/20
, 10/12/25, 4:59 PM C211 OA
pillar of formal institution, regulatory
coercive power of
government
pillar of informal institution, normative
the mechanism through
which norms influence
individual and firm behavior
pillar of informal cognitive
institution, taken for
granted values and
beliefs that guide
behavior
institutions represented by formal
laws, regulations and
rules
institutions represented by informal
norms, culture and ethics
the necessity of making bounded rationality
rational decisions in the
absence of complete
information
bounded rationality is a institution
position in which view of
global business
political system that affects democracy
global business with an
individuals right to freedom
of
expression and organization
political system that affects totalitarianism
global business with hostility
towards business, higher
political risk such as
nationalism
political system where citizens democracy
elect
representatives to govern
/ 3/20
C211 OA NEWEST EXAM COMPLETE QUESTIONS AND
CORRECT DETAILED ANSWERS (VERIFIED ANSWERS)
|ALREADY GRADED A+||BRAND NEW VERSION!!
comparative advantage and factor endowments
absolute advantage stem
from
theory that the wealth of the mercantilism
world is fixed and that a
nation that imports more
and exports less will be
richer
stage of the product life new
cycle where production of a
new product that
commands a price premium
will
concentrate in the US
stage of the product life cycle maturing
where
demand and ability to
produce grow in other
developed nations
stage of the product life cycle standardized
where the previously new
product is commoditized
and production will now move
to low-cost developing
nations
comparative advantage trade
may change over time
because patterns of change
over
/ 1/20
,10/12/25, 4:59 PM C211 OA
time
theory that suggests that strategic trade
intervention by governments
in certain industries can
enhance their odds for
international success
if a company seeks to limit currency hedging
foreign exchange rate
exposure in the forward
direction, what is the most
effective way to
do this?
exchange rate risk associating transaction risk
with the time delay between
entering a contract and
settling it
forward transaction that hedging
protects traders
and investors from exposure
to fluctuations of the spot
rate
a means of spreading out strategic heding
activities in different
currency zones in order to
offset the currency losses in
certain regions
through gains in other regions
amount of resources scale of entry
committed to entering a
foreign market
how do institutions reduce by signaling which conduct is legit and which is not
uncertainty?
/ 2/20
, 10/12/25, 4:59 PM C211 OA
pillar of formal institution, regulatory
coercive power of
government
pillar of informal institution, normative
the mechanism through
which norms influence
individual and firm behavior
pillar of informal cognitive
institution, taken for
granted values and
beliefs that guide
behavior
institutions represented by formal
laws, regulations and
rules
institutions represented by informal
norms, culture and ethics
the necessity of making bounded rationality
rational decisions in the
absence of complete
information
bounded rationality is a institution
position in which view of
global business
political system that affects democracy
global business with an
individuals right to freedom
of
expression and organization
political system that affects totalitarianism
global business with hostility
towards business, higher
political risk such as
nationalism
political system where citizens democracy
elect
representatives to govern
/ 3/20
