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WGU C211 Global Economics For Managers Questions And Correct Answers Verified Latest Guaranteed Pass Grade A + UPDATED!!

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WGU C211 Global Economics For Managers Questions And Correct Answers Verified Latest Guaranteed Pass Grade A + UPDATED!!

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  • November 13, 2024
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  • 2024/2025
  • Exam (elaborations)
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WGU C211 Global Economics For Managers Questions
And Correct Answers Verified Latest 2024-2025
Guaranteed Pass Grade A + UPDATED!!



Which two phrases represent the views of globalization? Choose two
answers. - ANSWER>>- A pendulum that swings from one extreme to
another.

- A competition among key financial centers and markets.

What are two trade barriers? - ANSWER>>- Nontariff

- Tariffs

What is the effect of tariff on a particular product for the country
imposing the tariff? - ANSWER>>Increases domestic production of the
product.

Which benefits come to the host country as a result of foreign direct
investment? - ANSWER>>- Creation of domestic jobs

- Domestic resource allocation

Which characteristics of firm resources affects competitive dynamics? -
ANSWER>>Imitability

(capable or worthy of being imitated or copied)
1
Page

, Which characteristic of firm resources affects competitive dynamics,
according to the VRIO framework? - ANSWER>>Rarity

Which theory is the forerunner to modern-day protectionism? -
ANSWER>>Mercantilism

(favorable balance of trade, the development of agriculture and
manufactures, and the establishment of foreign trading monopolies)

Which aspect creates the daily changes in a country's exchange rate? -
ANSWER>>Currency supply and demand

Which risk must a corporation minimize to effectively manage short-
term currency fluctuations? - ANSWER>>Transaction Risk

(the adverse effect that foreign exchange rate fluctuations can have on
a completed transaction prior to settlement. It is the exchange rate, or
currency risk associated specifically with the time delay between
entering into a trade or contract and then settling it.)

Which term describes using currency derivatives to reduce potential
transaction, translation, and economic risks of currency movements tha
could lead to losses for a firm or investor? - ANSWER>>Hedging

(a means of protection or defense (as against financial loss) realization
that common stocks are the best hedge against inflation

What is the most effective method to limit foreign exchange rate
exposure for future trade payments? - ANSWER>>Forward Transaction

(two people or other entities engage in a binding agreement to perform
a trade in the future, rather than at the present.)
2
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