WGU D080 Exam – Questions & 100% Correct Answers

WGU D080 Exam – Questions & 100% Correct Answers How to prevent monopolies - ANS-1. Anti-trust laws 2. Sherman Anti-trust act 3. Clayton anti-trust act 4. federal trade commission act Worst Forms of Child Labour Convention, 1999 - ANS-Convention (1999) that aimed to eliminate all practices of child slavery or those similar to slavery The Maritime Labour Convention (MLC) - ANS-Convention (2006) that set out a bill of rights for all seafarers - decent work conditions Domestic Workers Convention, 2011 - ANS-`Convention (2011) aimed at protecting domestic workers from abuse and exploitation Contracts - ANS-legally enforceable promise Damages - ANS-compensation when contract is broken Vertical structure of law - ANS-higher authority imposes/enforces law ex. US federal gov. imposing laws on the states Horizontal structure of law - ANS-neither party is in a legally dominant position over the other Kyoto Protocol - ANS--Reduce greenhouse gas emissions to 5.2% below 1990 levels - industrialized countries in 1997 Paris Agreement - ANS-- stop global temp. from rising more than 2 degrees C. through reduced greenhouse gas emissions National Environmental Policy Act (NEPA) - ANS-required federal agencies to prepare environmental impact statements for every recommendation or report Environmental Protection Agency (EPA) - ANS-The US federal agency with a mission to protect human health and the environment. What is globalization? - ANS-When international integration arises from the interchange of world views, products, ideas, and other aspects of cultures. different types of Globalization - ANS-1. Economic 2. Political 3. Cultural Advantages of Economic globalization - ANS-more trade, investments, information technology, faster economic development, and increased social being Disadvantages of Economic globalization - ANS-benefits the rich at the expense of the poor, manufacturing job loss in developed countries, environmental damage, and unethical practices of labor Advantages of Political globalization - ANS-more cooperation amount countries, formation of international or regional organizations, NGOs Disadvantages of Political globalization - ANS-reduce the importance of nation-states, loss of sovereignty and power of local government Advantages of Cultural globalization - ANS-awareness of international community Disadvantages of Cultural globalization - ANS-loss of uniqueness of a country's culture What is international business? - ANS-any situation where the production or distribution of goods or services crosses country border