WGU C211 Study guides, Class notes & Summaries

WGU C211 - Global Economics for Managers Exam Questions and Answers 100% Pass 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-...

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 ...

WGU C211 - Global Economics for Managers - PA Review Questions and Answers 100% Pass What is one of the elements of the Porter Diamond in the theory of national competitive advantage of industries? - Answer- Domestic Demand Conditions What is the bandwagon effect? - Answer- The movement of investors in the same direction at the same time A country has seen a decrease in inflation. What is the effect on the country's currency exchange rate? - Answer- It increases. What is one of the thre...

wgu c211 Exam Questions and Answers 100% Pass How is consumer surplus represented on a graph? - Answer- The area below the demand curve and above price which two statements define producer surplus? - Answer- the amount the seller is paid minus the cost of production and the area below the price and above the supply curve on a graph a painter spends 200 on paint. he then bills the homeowner 1,000 dollars to cover his expenses. what is the amount that gets added to gdp? - Answer- 1000 a us...

WGU C211 EXAM LATEST EXAM 300 REAL EXAM QUESTIONS AND CORRECT ANSWERS (VERIFIED ANSWERS)|AGRADE

The term "emerging economies" has replaced the term _____. - answer-developing countries The gross domestic product plus the income from non-resident sources abroad gives the ____. - answer-gross national product More than 25% of global GDP comes from _____. - answer-BRICS countries Viewing the global economy as a pyramid, the Triad refers to _____. - answer-North America, Western Europe, and Japan People who earn _____ a year comprise the base of the global economic pyramid. - ans...

Late mover advantages - answer-Opportunity to free ride on first-mover investments, Resolution of technological and market uncertainty, First mover's difficulty to adapt to market changes.) Foreign market entries types - answer-Non-equity and equity Non-equity - answer-Reflects relatively smaller commitments to overseas markets. Determines firms MNE status. Equity - answer-indicative of relatively larger, harder-to-reverse commitments. Determines firms MNE status. How do institution...

WGU C211 EXAM LATEST 300 REAL EXAM QUESTIONS WITH CORRETT VERIFIED ANSWERS 2024.A+ GRADE

The extent to which a given competitor possesses strategic endowment comparable, in terms of both type and amount, to those of the focal firm.