Absolute quota - Study guides, Class notes & Summaries
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WGU D089 Principles of Economics Questions and Answers 100% Pass
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WGU D089 Principles of Economics Questions and Answers 100% Pass 
Absolute Advantage The capability to produce more of a given product using less of a given resource than a competing entity 
Absolute Quota Strictly limiting the quantity of goods that may enter a country 
Accounting Profit Total revenues minus explicit costs, including depreciation 
Acquisition When one firm purchases another 
Ad Valorem Tariffs Import tax based on a fixed percentage of the assessed commercial value of imported g...
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Managing in a Global Business Environment - D080 A+ Guaranteed
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AAA ratings 
The highest possible rating that may be assigned by a credit rating agency for a bond 
absolute quota 
A quota that strictly limits the quantity of goods that may enter a country. 
Ad valorem tariffs 
Import taxes based on a fixed percentage of the assessed commercial value of imported goods 
agility 
Ability to move quickly and flexibly 
algorithms 
A process or set of rules to be followed in calculations especially by a computer
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WGU D080 Terms With Answers 2023/2024
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AAA ratings - Answer The highest possible rating that may be assigned by a credit 
rating agency for a bond 	 
 
absolute quota - Answer A quota that strictly limits the quantity of goods that may 
enter a country	. 
 
Ad valorem tariffs - Answer Import taxes based on a fixed percentage of the 
assessed commercial value of imported goods 	 
 
algorithms - Answer A process or set of rules to be followed in calculations especially 
by a computer 	 
 
agility - Answer ability to move quick...
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Study Guide: Managing in a Global Business Environment - D080 Exam Elaboration |Q&A 100% Correct|
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Study Guide: Managing in a Global 
Business Environment - D080 Exam 
Elaboration |Q&A 100% Correct| 
AAA ratings *Ans* The highest possible rating that may be assigned by a credit rating 
agency for a bond 
absolute quota *Ans* A quota that strictly limits the quantity of goods that may enter a 
country. 
Ad valorem tariffs *Ans* Import taxes based on a fixed percentage of the assessed 
commercial value of imported goods 
agility *Ans* Ability to move quickly and flexibly 
algorithms *Ans* ...
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WGU D080 Managing in a Global Business Environment Exam Questions and Answers 2024
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WGU D080 Managing in a Global Business Environment Exam Questions and Answers 2024
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BGEN 204 @Montana State Final Exam Practice Test.
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BGEN 204 @Montana State Final Exam Practice Test. 
 
 
Productivity - CORRECT ANSWER The average level of output per worker per hour 
 
GDP - CORRECT ANSWER Gross Domestic Product 
 
GDP - CORRECT ANSWER Consumption + investment + govt. spending+ (Imports-exports 
 
Exporting - CORRECT ANSWER Selling and shipping to other countries 
 
Imports - CORRECT ANSWER purchasing from other countries 
 
Balance of trade - CORRECT ANSWER Exports - Imports 
 
Tariff - CORRECT ANSWER A tax levied on an impor...
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Econ 2 Study Guide Test.
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Econ 2 Study Guide Test. 
 
 
Which of the following is not a commonly-advanced argument for trade restrictions? 
 
a. the jobs argument 
 
b. the infant-industry argument 
 
c. the national-security argument 
 
d. the efficiency argument - d 
 
When a country takes a unilateral approach to free trade, it 
 
a. reduces its trade restrictions while other countries do the same. 
 
b. removes trade restrictions on its own. 
 
c. is willing to trade with multiple countries at once. 
 
d. doe...
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D089 Principles of Economics Questions and Answers 100% Correct
- Exam (elaborations) • 17 pages • 2023
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Absolute Advantage - ANSWER-The capability to produce more of a given product using less of a given resource than a competing entity 
 
Absolute Quota - ANSWER-Strictly limiting the quantity of goods that may enter a country 
 
Accounting Profit - ANSWER-Total revenues minus explicit costs, including depreciation 
 
Acquisition - ANSWER-When one firm purchases another 
 
Ad Valorem Tariffs - ANSWER-Import tax based on a fixed percentage of the assessed commercial value of imported goods 
 
Adver...
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FVC1-Global Business (WGU) Study Guide Graded A+
- Exam (elaborations) • 57 pages • 2023
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Globalization - the process through which an increasingly free flow of ideas, people, goods, 
services and capital leads to the integration of economies and societies 
How do major international institutions facilitate globalization? - help transmit information, 
enforce contracts/property rights, promote market competition 
Why is it important for political leaders and institutions to be transparent in responding to global 
competition? - social unrest leading to political instability, ineffect...
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WGU D080 Managing in a Global Business Environment 2023/2024 with complete solution Questions
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WGU D080 Managing in a Global Business Environment 2023/2024 with complete solution Questions 
AAA ratings 
The highest possible rating that may be assigned by a credit rating agency for a bond 
 
 
absolute advantage 
The ability of an individual or group to produce a good or service more efficiently than another 
 
 
absolute quota 
Quota that strictly limits the quantity of goods that may enter a country 
 
 
acquisition 
The act of taking over ownership or controlling a business 
 
 
Ad val...
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