PRE-ASSESSMENT: GLOBAL ECONOMICS FOR MANAGERS (UZC
PRE-ASSESSMENT: GLOBAL ECONOMICS FOR MANAGERS (UZC
Exam (elaborations)
PRE-ASSESSMENT: GLOBAL ECONOMICS FOR MANAGERS (UZC2). WGU C211. QUESTIONS AND Correct Answers 2022
1 view 0 purchase
Course
PRE-ASSESSMENT: GLOBAL ECONOMICS FOR MANAGERS (UZC
Institution
PRE-ASSESSMENT: GLOBAL ECONOMICS FOR MANAGERS (UZC
PRE-ASSESSMENT: GLOBAL ECONOMICS FOR MANAGERS (UZC2). WGU
C211. QUESTIONS AND Correct Answers 2022
PRE-ASSESSMENT: GLOBAL ECONOMICS FOR MANAGERS (UZC2). WGU
C211. QUESTIONS AND Correct Answers 2022
PRE-ASSESSMENT: GLOBAL ECONOMICS FOR MANAGERS (UZC2). WGU
C211. QUESTIONS AND Correct Answers...
PRE-ASSESSMENT: GLOBAL ECONOMICS FOR MANAGERS (UZC
All documents for this subject (11)
Seller
Follow
erickarimi
Reviews received
Content preview
PRE-ASSESSMENT: GLOBAL ECONOMICS FOR MANAGERS (UZC2). WGU
C211. QUESTIONS AND Correct Answers 2022
1. Which view claims that the phenomenon of global- The new-force
ization was initially driven by the desire of Western view
economies to exploit their power through multination- al
enterprises?
The long-run historical view
The new-force view
The pendulum view
The balanced surplus-deficit view
2. Economic gains come from international trade be- cause Resource-based
one country's exported goods, services, or oth- er items view
are unique, valuable, and difficult to duplicate to the
importing countries.
3. What is the aggregation of importing and exporting that Balance of trade
leads to the country-level trade surplus or deficit?
Loss Profit
Revenue
Balance of trade
4. What is a cost of foreign direct investment?
Developing coun-
Developing countries may be exploited by multina- tional tries may be ex-
enterprises (MNE). ploited by multina-
tional enterprises
(MNE).
Human rights firms may help the labor force in host
countries with multinational enterprise (MNE) influ-
ence.
, PRE-ASSESSMENT: GLOBAL ECONOMICS FOR MANAGERS (UZC2). WGU
C211. QUESTIONS AND Correct Answers 2022
Host countries welcome political interference by
multinational enterprises (MNE) when things are not in
favor of the foreign company.
Local governments in host countries may promote
corporate social responsibilities on behalf of multina-
tional enterprises (MNEs).
5. What may precious, rare, and hard-to-duplicate re- Sustained com-
sources and capabilities lead to for a firm? parative advan-
tage
Sustained leverage Sustained
influence
Sustained competitive disadvantage
Sustained comparative advantage
6. Which theory states that patterns of international trade Product life cycle
change across new, maturing, and standardized stages? theory
Product life cycle theory
Strategic trade theory Factor
endowment theory
Sustainability theory
7. What happens to a country's real exchange rate and
nominal interest rate as the price level increases, as- Exchange rates
suming all other factors are unchanged? depreciate; inter-
est rates increase.
Exchange rates depreciate; interest rates decrease.
Exchange rates appreciate; interest rates increase.
Exchange rates appreciate; interest rates decrease.
Exchange rates depreciate; interest rates increase.
8. What is the easiest method nonfinancial companies use
to handle currency fluctuations? Currency diversifi-
cation
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying these notes from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller erickarimi. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $19.99. You're not tied to anything after your purchase.
