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WGU C211: Global Economics for Managers Complete solution updated|2024
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WGU C211: Global Economics for Managers Complete solution updated|2024
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WGU C211: Global Economics for Managers Complete solution updated|2024 Globalization The NNclose NNintegration NNof NNcountries NNand NNpeoples NNof NNthe NNworld. Purchasing NNPower NNParity NN(PPP) A NNconversion NNthat NNdetermines NNthe NNequivalent NNamount NNof NNgoods NNand NNservices NNthat NNdifferent NNcurrencies NNcan NNpurchase. Scenario NNPlanning A NNtechnique NNto NNprepare NNand NNplan NNfor NNmultiple NNscenarios NN(either NNhigh NNor NNlow NNrisk). Risk NNmanagement The NNidentification NNand NNassessment NNof NNrisks NNand NNthe NNpreparation NNto NNminimize NNthe NNimpact NNof NNhigh-risk NN, NNunfortunate NNevents. Gross NNNational NNIncome NN(GNI) GDP NN+ NNincome NNfrom NNnon-resident NNsources NNabroad. NNGNI NNis NNthe NNterm NNused NNby NNthe NNWorld NNBank NNand NNother NNinternational NNorganizations NNto NNsupersede NNthe NNterm NNGNP. Gross NNNational NNProduct NN(GNP) GDP NN+ NNincome NNfrom NNnon-resident NNsources NNabroad. reverse NNinnovation An NNinnovat ion NNthat NNis NNadopted NNfirst NNin NNemerging NNeconomies NNand NNis NNthen NNdiffused NNaround NNthe NNworld. International NNBusiness NN(IB) (1) NNA NNbusiness NNor NNfirm NNthat NNengages NNin NNinternational NNcrossborder NNeconomic NNactivities NNand/or NN(2) NNthe NNaction NNof NNdoing NNbusiness NNabroad. semiglobalization A NNperspective NNthat NNsuggests NNthat NNbarriers NNto NNmarket NNintegration NNat NNborders NNare NNhigh, NNbut NNnot NNhigh NNenough NNto NNinsulate NNcountries NNfrom NNeach NNother NNcompletely. BRIC Brazil, NNRussia, NNIndia, NNand NNChina base NNof NNthe NNpyramid NN(BOP) Economies NNwhere NNpeople NNmake NNless NNthan NN$2,000 NNper NNcapita NNper NNyear. emerging NNeconomies A NNterm NNthat NNhas NNgradually NNreplaced NNthe NNterm NN"developing NNcountries" NNsince NNthe NN1990's. emerging NNmarkets A NNterm NNthat NNis NNoften NNused NNinterchangeably NNwith NN"emerging NNeconomies" nongovernmental NNorganizations NN(NGO's) An NNorganization NNthat NNis NNnot NNaffiliated NNwith NNgovernments. Expatriate NNManager A NNmanager NNwho NNworks NN"abroad", NNor NN"expat" NNfor NNshort. Gross NNDomestic NNProduct NN(GDP) The NNsum NNof NNvalue NNadded NNby NNresident NNfirms, NNhouseholds, NNand NNgovernments Foreign NNDirect NNInvestment NN(FDI) Investment NNin, NNcontrolling, NNand NNmanaging NNvalue -added NNactivities NNin NNother NNcountries. Group NNof NN20 NN(G-20) The NNgroup NNof NN19 NNmajor NNcountries NNplus NNthe NNEuropean NNUnion NN(EU) NNwhose NNleaders NNmeet NNon NNa NNbiannual NNbasis NNto NNsolve NNglobal NNeconomic NNproblems. liability NNof NNforeignness The NNinherent NNdisadvantage NNthat NNforeign NNfirms NNexperience NNin NNhost NNcountries NNbecause NNof NNtheir NNnon-native NNstatus. global NNbusiness Business NNaround NNthe NNglobe. international NNpremium A NNsignificant NNpay NNraise NNwhen NNworking NNoverseas. multinational NNenterprise NN(MNE) A NNfirm NNthat NNengages NNin NNforeign NNdirect NNinvestment NN(FDI) Triad North NNAmerica, NNWestern NNEurope, NNand NNJapan Expatriate NNManager NN(expat) A NNmanager NNwho NNworks NNabroad, NNor NN"expat" NNfor NNshort. Nontariff NNBarriers NN(NTB) Trade NNbarrier NNthat NNrelies NNon NNnontariff NNmeans NNto NNdiscourage NNimports. tariff NNbarrier Trade NNbarrier NNthat NNrelies NNon NNtariffs NNto NNdiscourage NNimports. deadweight NNcosts Net NNlosses NNthat NNoccur NNin NNan NNeconomy NNas NNa NNresult NNof NNtariffs. free NNtrade The NNidea NNthat NNfree NNmarket NNforces NNshould NNdetermine NNhow NNmuch NNtrade NNwith NNlittle NNor NNno NNgovernment NNintervention.The benefits of buying summaries with Stuvia:
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