New view on globalization - Study guides, Class notes & Summaries
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Test Bank For Global Business 4th Edition By Mike Peng
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Chapter 3 Emphasizing Informal Institutions Cultures Ethics and Norms 
TRUEFALSE 
1. According to the institution-based view, informal institutions must be sought when formal 
institutions fail. 
(A) True 
(B) False Answer : (A) 
2. The cultural norms of a country is an example of an informal institution. (A) True 
(B) False 
Answer : (A) 
3. Informal institutions are based on the rules and legal systems of an economy. (A) True 
(B) False 
Answer : (B) 
4. Informal institutions are closely relat...
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WGU C211 EXAM LATEST 2022-2023 EXAM 300 REAL EXAM QUESTIONS AND CORRECT ANSWERS (VERIFIED ANSWERS)|AGRADE
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WGU C211 EXAM LATEST 2022-2023 EXAM 
300 REAL EXAM QUESTIONS AND 
CORRECT ANSWERS (VERIFIED 
ANSWERS)|AGRADE 
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- - Nontariffs 
- Tarriffs 
What is the effect of tariff on a particular product for the country 
imposing the tariff? - ANSWER- Increases domesti...
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WGU C211 Global Economics for Managers Final Exam | Questions and Verified Answers| 100% Correct (Latest 2023/ 2024) Grade A
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WGU C211 Global Economics for Managers Final Exam | Questions and Verified Answers| 100% Correct (Latest 2023/ 2024) Grade A 
 
 
view that claims phenomenon of globalization was initially driven by the desire of Western economies to exploit their power through MNE's - ANSWER new 
 
 
 
view that claims globalization is a long-run historical evolution since the dawn of humanity. Says it is nothing new and that it will always exist - ANS...
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WGU C211 - Global Economics for Managers
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WGU C211 - Global Economics for Managers 
 
 
 
 
Views on Globalization - ANSWER New, Evolutionary, and Pendulum 
 
 
 
 
 
"New" view on globalization - ANSWER A force sweeping through the world in recent times. 
 
 
 
 
 
"Evolutionary" view on globalization - ANSWER A long-run historical evolution since the dawn of human history...
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International Business The New Realities 4th Edition By Cavusgil - Test Bank
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International Business: The New Realities, 4e (Cavusgil) 
Chapter 3 The Cultural Environment of International Business 
 
1) ________ refers to the values, beliefs, customs, arts, and other products of human thought and work that characterize the people of a given society. 
A) Ethnicity 
B) Heritage 
C) Culture 
D) Race 
Answer: C 
Diff: 1: Easy 
Skill: Concept 
Objective: 3-1: Understand culture and cross-cultural risk 
AACSB: Analytical Thinking; Diverse and Multicultural Work 
 
2) Jor...
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WGU C211 Study Guide 2023 Questions and Answers 100% Correct
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WGU C211 Study Guide 2023 Questions and Answers 100% CorrectWGU C211 Study Guide 2023 Questions and Answers 100% Correct 
 
Views of globalization (Chp 1.4) - ANSWER-1. It's a new phenomenom, starting in the late 20th century. 
2. It's a long term part of human history. 
3. Neither recent nor one directional, it's a pendulum that swings back and forth. 
 
Strategic goal = Natural resource—seeking - ANSWER-Location specific advantage = Possession of natural resources and related transport an...
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WGU C211 GLOBAL ECONOMICS FOR MANAGERS FINAL EXAM 2024/ACTUAL EXAM WITH CORRECT DETAILED ANSWERS WITH RATIONALES/A+ GRADE
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WGU C211 GLOBAL ECONOMICS FOR 
MANAGERS FINAL EXAM 2024/ACTUAL EXAM WITH CORRECT DETAILED ANSWERS WITH RATIONALES/A+ GRADE 
 
 
3 views on globalization - CORRECT ANSWER-Globalization is when you do business internationally 
New, Evolutionary, and Pendulum 
 
"New" view on globalization - CORRECT ANSWER-A force sweeping through the world in recent times. 
 
Which view claims that the phenomenon of globalization was initially driven by the desire of Western economies to exploit their power thro...
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WGU C211 - GLOBAL ECONOMICS FOR MANAGERS
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Views on Globalization - Answer-New, Evolutionary, and Pendulum 
 
"New" view on globalization - Answer-A force sweeping through the world in recent times. 
 
"Evolutionary" view on globalization - Answer-A long-run historical evolution since the dawn of human history 
 
"Pendulum" view on globalization - Answer-One that swings from one extreme to another from time to time 
 
Foreign Direct Investment - Answer-Direct investment in, control, and management of value-added activities in other...
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WGU C211 - Global Economics for Managers, Brian Final Questions and Answers 100% Verified
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WGU C211 - Global Economics for Managers, Brian Final Questions and Answers 100% VerifiedWGU C211 - Global Economics for Managers, Brian Final Questions and Answers 100% VerifiedWGU C211 - Global Economics for Managers, Brian Final Questions and Answers 100% VerifiedWGU C211 - Global Economics for Managers, Brian Final Questions and Answers 100% Verified3 views on globalization - ANSWER-Globalization is when you do business internationally 
 
New, Evolutionary, and Pendulum 
 
"New" view on g...
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WGU C211 Global Economics for Managers Exam Questions and Answers Latest Update
- Exam (elaborations) • 16 pages • 2023
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Views on Globalization - ️️New, Evolutionary, and Pendulum 
"New" view on globalization - ️️A force sweeping through the world in recent times. 
"Evolutionary" view on globalization - ️️A long-run historical evolution since the dawn 
of human history 
"Pendulum" view on globalization - ️️One that swings from one extreme to another 
from time to time 
Foreign Direct Investment - ️️Direct investment in, control, and management of 
value-added activities in other countries...
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