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WGU C211PRE-ASSESSMENT_ GLOBAL ECONOMICS FOR MANAGERS (UZC2) all Questions & answers solved accurately with Complete Solution Graded A+ latest version CA$18.72   Add to cart
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WGU C211PRE-ASSESSMENT_ GLOBAL ECONOMICS FOR MANAGERS (UZC2) all Questions & answers solved accurately with Complete Solution Graded A+ latest version
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WGU C211PRE-ASSESSMENT_ GLOBAL ECONOMICS FOR MANAGERS (UZC2) all Questions & answers solved accurately with Complete Solution Graded A+ latest version

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  • July 6, 2024
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  • 2023/2024
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WGU C211PRE-ASSESSMENT: GLOBAL
ECONOMICS FOR MANAGERS (UZC2).
Correct Answers Only.


Which view claims that the phenomenon of globalization was initially driven by the
desire of Western economies to exploit their power through multinational enterprises? -
ANSWER-The new-force view

Economic gains come from international trade because one country's exported goods,
services, or other items are unique, valuable, and difficult to duplicate to the importing
countries - ANSWER-Resource-based view

What is the aggregation of importing and exporting that leads to the country-level trade
surplus or deficit? - ANSWER-Balance of trade

What is a cost of foreign direct investment? - ANSWER-Developing countries may be
exploited by multinational enterprises (MNE).

What may precious, rare, and hard-to-duplicate resources and capabilities lead to for a
firm? - ANSWER-Sustained comparative advantage

Which theory states that patterns of international trade change across new, maturing,
and standardized stages? - ANSWER-Product life cycle theory

What is the financial environment in which exchange rates and payments for goods and
services are conducted? - ANSWER-International monetary system

What happens to a country's real exchange rate and nominal interest rate as the price
level increases, assuming all other factors are unchanged? - ANSWER-Exchange rates
fall and interest rates rise.

What is the easiest method nonfinancial companies use to handle currency
fluctuations? - ANSWER-Currency diversification

, Which strategy minimizes the risk of unanticipated changes in future exchange rates? -
ANSWER-Currency swap

A company is looking for a location with an abundance of ground-breaking individuals,
firms, and universities.

Which type of strategic goal is this company demonstrating? -
ANSWER-Innovation-seeking

What advantage comes with not sharing benefits with late entrants? -
ANSWER-First-mover advantage

Which entry mode is a non-equity arrangement for a company contemplating entry into
a foreign market? - ANSWER-Licensing

What size commitment is required for a non-equity mode of entry into a foreign market?
- ANSWER-Small commitment

What are two supportive pillars for an informal institution?

Choose 2 answers - ANSWER-Cognitive. Normative.

What is the key role of an institution, according to the institution-based view? -
ANSWER-To reduce uncertainty

What are the rules, enforcement mechanisms, and organizations that support market
transactions? - ANSWER-Institutions

What is a core proposition underpinning an institutional-based view of global business?
- ANSWER-Bounded rationality

In which type of political system do citizens elect representatives to govern the country
on their behalf? - ANSWER-Democracy

Which legal system uses comprehensive lists of rules and written codes? -
ANSWER-Civil law

What are the legal privileges associated with the use of economic property to obtain
income and other benefits from its use? - ANSWER-Property rights

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