WGU C211 Pre-assessment #2 Questions Answered Correctly Latest Update 2026/2027
Which view claims that the phenomenon of globalization was initially driven by the desire of
Western economies to exploit their power through multinational enterprises? - Answers The
new force view
Economic gains come from international trade because one country's exported goods, services,
or other items are unique, valuable, and difficult to duplicate to the importing country. Which
view does this statement portray? - Answers Resource-based view
What is the aggregation of importing and exporting that leads to the country-level trade surplus
or deficit? - Answers Balance of Trade
What is a cost of foreign direct investment? - Answers Developing countries may be exploited
by multinational enterprises (MNE)
Which type of managerial capability is both challenging and difficult to imitate? - Answers
Intangible capability
What may precious, rare, and hard-to-duplicate resources and capabilities lead to for a firm? -
Answers Sustained comparative advantage
Which theory of international trade states that poor countries often experience faster rates of
economic growth compared to wealthy countries? - Answers The catch-up effect
What is the financial environment in which exchange rates and payments for goods and
services are conducted. - Answers Commodity exchange
What happens to a country's real exchange rate and nominal interest rate as the price level
increases, assuming all other factors are unchanged? - Answers Exchange rates depreciate,
interest rates increase
What is the easiest method non-financial companies use to handle currency fluctuations? -
Answers Commodity trading
Which strategy minimizes the risk of unanticipated changes in future exchange rates? - Answers
Currency swap
A company is looking for a location with an abundance of ground-breaking individuals, firms,
and universities. Which type of strategic goal is this company demonstrating? - Answers
Innovation-seeking
What advantage comes with not sharing benefits with late entrants? - Answers First-mover
advantage
Which entry mode is a non-equity arrangement for a company contemplating entry into a foreign
market? - Answers Licensing
Which view claims that the phenomenon of globalization was initially driven by the desire of
Western economies to exploit their power through multinational enterprises? - Answers The
new force view
Economic gains come from international trade because one country's exported goods, services,
or other items are unique, valuable, and difficult to duplicate to the importing country. Which
view does this statement portray? - Answers Resource-based view
What is the aggregation of importing and exporting that leads to the country-level trade surplus
or deficit? - Answers Balance of Trade
What is a cost of foreign direct investment? - Answers Developing countries may be exploited
by multinational enterprises (MNE)
Which type of managerial capability is both challenging and difficult to imitate? - Answers
Intangible capability
What may precious, rare, and hard-to-duplicate resources and capabilities lead to for a firm? -
Answers Sustained comparative advantage
Which theory of international trade states that poor countries often experience faster rates of
economic growth compared to wealthy countries? - Answers The catch-up effect
What is the financial environment in which exchange rates and payments for goods and
services are conducted. - Answers Commodity exchange
What happens to a country's real exchange rate and nominal interest rate as the price level
increases, assuming all other factors are unchanged? - Answers Exchange rates depreciate,
interest rates increase
What is the easiest method non-financial companies use to handle currency fluctuations? -
Answers Commodity trading
Which strategy minimizes the risk of unanticipated changes in future exchange rates? - Answers
Currency swap
A company is looking for a location with an abundance of ground-breaking individuals, firms,
and universities. Which type of strategic goal is this company demonstrating? - Answers
Innovation-seeking
What advantage comes with not sharing benefits with late entrants? - Answers First-mover
advantage
Which entry mode is a non-equity arrangement for a company contemplating entry into a foreign
market? - Answers Licensing
