Comparative governments Samenvattingen, Aantekeningen en Examens

Globalisation Increased interdependence between countries and the rapid rate of change it brings about Factors contributing to globalisation (5) Improvements in infrastructure (Quicker, more reliable and cheaper methods enabling production) Improvements in IT and communication (Allows global operations) Trade Liberalisation (Reduces protectionism and makes trade cheaper - specialisation) International financial markets (Raising money and transferring it globally) TNCs (Low p...

WGU C211 Global Econ Study Guide & Cohort Questions & Answers (Rated A+) WGU C211 Global Econ Study Guide & Cohort Questions & Answers (Rated A+) What different political views exist on Foreign Direct Investment FDI? - ANSWER - Radical View, Free Market View, Pragmatic Nationalism **answer includes radicalism** What is resource similarity and how does this impact competitive dynamics? - ANSWER - Extent to which a given competitor possesses strategic endowment comparable, in terms of bo...

ECON0002 TERM 1 ACTUAL EXAM BANK / 250+ QUESTIONS AND VERIFIED SOLUTIONS 2024/2025 GRADED A+. 2 / 14 1. What is the 90/10 ratio?: average income of the richest 10% divided by theaverage income of the poorest 90% 2. What does disposable income not measure?: quality of social and physicalenvironment, amount of free time, goods and services you can't buy, goods andservices that are produced within the household 3. How to calculate nominal gdp?: sum of (price of good i x quantity of good ...

Base of the Pyramid Economies where people make less that $2,000 per capita per year BRIC Brazil, Russia, India, China Emerging Economies A term that has gradually replaced the term "developing countries" since the 1990s Emerging Markets A term that is often used interchangeably with "emerging economies" Expatriate manager A manager who works abroad Foreign Direct Investment Investment in, controlling and managing value-added activities in other count...

WGU C211 - Global Economics for Managers Exam Views on Globalization - correct answer New, Evolutionary, and Pendulum "New" view on globalization - correct answer A force sweeping through the world in recent times. "Evolutionary" view on globalization - correct answer A long-run historical evolution since the dawn of human history "Pendulum" view on globalization - correct answer One that swings from one extreme to another from time to time Foreign Direct Investment - corre...

WGU C211 GLOBAL ECONOMICS FOR MANAGERS (WGU) CENGAGE TEXT ACTUAL EXAM WITH VERIFIED & UPDATED ANSWERS 2023/2024 Globalization - CORRECT ANSWER-The close integration of countries and peoples of the world. Purchasing Power Parity (PPP) - CORRECT ANSWER-A conversion that determines the equivalent amount of goods and services that different currencies can purchase. Scenario Planning - CORRECT ANSWER-A technique to prepare and plan for multiple scenarios (either high or low risk). Ris...

C211 Study Guide questions with complete solutions What is Foreign Direct Investment? - Answer- is direct investment in, control, and management of value-added activities in other countries. What different political views exist on FDI? - Answer- Radical, Free Market, and Pragramatic Nationalism What benefits exist to a country receiving FDI? - Answer- Capital inflow, Technology, management, job creation What costs exist to a country receiving FDI? - Answer- Loss of sovereignty, adverse ...

What are the characteristics of globalization? - Communication, transportation, transnational businesses, free trade agreements, consumer culture, labor force. How do major international institutions facilitate globalization? - International monetary funds: provides financial stability. World bank: reconstruction and restructuring economies as an opportunity to reach global solutions to national challenges. World trade organization: focuses on lowering/removing trade barriers to encourage ...

C211 OA Exam view that claims phenomenon of globalization was initially driven by the desire of Western economies to exploit their power through MNE's - correct answer new view that claims globalization is a long-run historical evolution since the dawn of humanity. Says it is nothing new and that it will always exist - correct answer evolutionary view that claims globalization is swinging from one extreme to another from time to time - correct answer pendulum investment in, control...

Social Studies 10-1: Unit 3 - Economic Globalization Already Passed Nationalize The taking over of ownership by a government from private businesses Common Market An agreement between or among countries that includes the free trade of goods and services and the free movement of capital and labour within the trading bloc International Bank for Reconstruction and Development (IBRD) An institution of the World Bank that helps low & middle income countries re-develop International D...