WGU C211 GLOBAL ECONOMICS FOR MANAGERS OA EXAM / C211 GLOBAL ECONOMICS
FOR MANAGERS WGU FOR OA ACTUAL EXAM 2025/2026 (LATEST UPDATED VERSION)
COMPLETE ACCURATE TEST QUESTIONS AND CORRECT DETAILED ANSWERS
(VERIFIED ANSWERS) |GUARANTEED PASS A+
Views on Globalization - (ANSWER)New, Evolutionary, and Pendulum
"New" view on globalization - (ANSWER)A force sweeping through the world in recent times.
"Evolutionary" view on globalization - (ANSWER)A long-run historical evolution since the dawn of human
history
"Pendulum" view on globalization - (ANSWER)One that swings from one extreme to another from time
to time
Foreign Direct Investment - (ANSWER)Direct investment in, control, and management of value-added
activities in other countries
Political views on FDI - (ANSWER)Radical View, Free Market View, Pragmatic Nationalism
Benefits to a country receiving FDI - (ANSWER)Capital Inflow, Technology Spillover, Advanced
Management Know-How, Job creation
Costs to a country receiving FDI - (ANSWER)Loss of Sovereignty, Adverse effects on competition,
Capital outflow.
How do resources and capabilities influence the competitive dynamics of a business? -
(ANSWER)Resource similarity and market commonality can yield a powerful framework for competitor
analysis.
Resource similarity - (ANSWER)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 OA EXAM / C211 GLOBAL ECONOMICS
FOR MANAGERS WGU FOR OA ACTUAL EXAM 2025/2026 (LATEST UPDATED VERSION)
COMPLETE ACCURATE TEST QUESTIONS AND CORRECT DETAILED ANSWERS
(VERIFIED ANSWERS) |GUARANTEED PASS A+
How does resource similarity impact competitive dynamics? - (ANSWER)Firms with a high degree are
likely to have similar competitive actions. (Starbuck's instant coffee & McDonald's iced coffee)
Classical theories of international trade - (ANSWER)Mercantilism, Absolute advantage, and Comparative
advantage
Modern theory view - (ANSWER)Dynamic
Classical theory view - (ANSWER)Static
Absolute advantage - (ANSWER)The economic advantage one nation enjoys that is superior to other
nations
Comparative advantage - (ANSWER)The advantage one economic activity nation enjoys in comparison
with other nations (relative, not absolute)
Mercantilism - (ANSWER)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 cycle? - (ANSWER)New, Maturing, and Standardized
Strategic trade - (ANSWER)Intervention by governments in certain industries can enhance their odds for
international success.
How are supply and demand related to the exchange rate of a country? - (ANSWER)The price of a
commodity, a country's currency, is fundamentally determined by this. Strong demand leads to price
hikes; oversupply results in price drops.
Which theory came first? - (ANSWER)Mercantilism (although both are of the idea that governments
should actively protect domestic industries from imports and vigorously promote exports)
FOR MANAGERS WGU FOR OA ACTUAL EXAM 2025/2026 (LATEST UPDATED VERSION)
COMPLETE ACCURATE TEST QUESTIONS AND CORRECT DETAILED ANSWERS
(VERIFIED ANSWERS) |GUARANTEED PASS A+
Views on Globalization - (ANSWER)New, Evolutionary, and Pendulum
"New" view on globalization - (ANSWER)A force sweeping through the world in recent times.
"Evolutionary" view on globalization - (ANSWER)A long-run historical evolution since the dawn of human
history
"Pendulum" view on globalization - (ANSWER)One that swings from one extreme to another from time
to time
Foreign Direct Investment - (ANSWER)Direct investment in, control, and management of value-added
activities in other countries
Political views on FDI - (ANSWER)Radical View, Free Market View, Pragmatic Nationalism
Benefits to a country receiving FDI - (ANSWER)Capital Inflow, Technology Spillover, Advanced
Management Know-How, Job creation
Costs to a country receiving FDI - (ANSWER)Loss of Sovereignty, Adverse effects on competition,
Capital outflow.
How do resources and capabilities influence the competitive dynamics of a business? -
(ANSWER)Resource similarity and market commonality can yield a powerful framework for competitor
analysis.
Resource similarity - (ANSWER)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 OA EXAM / C211 GLOBAL ECONOMICS
FOR MANAGERS WGU FOR OA ACTUAL EXAM 2025/2026 (LATEST UPDATED VERSION)
COMPLETE ACCURATE TEST QUESTIONS AND CORRECT DETAILED ANSWERS
(VERIFIED ANSWERS) |GUARANTEED PASS A+
How does resource similarity impact competitive dynamics? - (ANSWER)Firms with a high degree are
likely to have similar competitive actions. (Starbuck's instant coffee & McDonald's iced coffee)
Classical theories of international trade - (ANSWER)Mercantilism, Absolute advantage, and Comparative
advantage
Modern theory view - (ANSWER)Dynamic
Classical theory view - (ANSWER)Static
Absolute advantage - (ANSWER)The economic advantage one nation enjoys that is superior to other
nations
Comparative advantage - (ANSWER)The advantage one economic activity nation enjoys in comparison
with other nations (relative, not absolute)
Mercantilism - (ANSWER)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 cycle? - (ANSWER)New, Maturing, and Standardized
Strategic trade - (ANSWER)Intervention by governments in certain industries can enhance their odds for
international success.
How are supply and demand related to the exchange rate of a country? - (ANSWER)The price of a
commodity, a country's currency, is fundamentally determined by this. Strong demand leads to price
hikes; oversupply results in price drops.
Which theory came first? - (ANSWER)Mercantilism (although both are of the idea that governments
should actively protect domestic industries from imports and vigorously promote exports)
