Factor endowments - Study guides, Class notes & Summaries

Theories of International Trade and Investment National industrial policy → -:- A proactive economic development plan a government initiates to build or strengthen a particular industry. Mercantilism → -:- The belief that national prosperity is the result of a positive balance of trade, achieved by maximizing exports and minimizing imports. Internalization theory → -:- An explanation of the process by which firms acquire and retain one or more value-chain activities inside the ...

view that claims phenomenon of globalization was initially driven by the desire of Western economies to exploit their power through MNE's - correct 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 - correct answer evolutionary view that claims globalization is swinging from one extreme to another from time to time - correct answer pendulum investment in, controlling, and managing...

WGU C211 Foreign Direct Investment Questions with Complete Solutions 2023/2024 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 - correct answers evolutionary View that claims globalization is swinging from one extreme to another from time to time - correct answers pendulum Investment in, controlling, and managing value-added activities in other countries - correct answers foreign direct inve...

WGU C211 GLOBAL ECONOMICS FOR MANAGERS (WGU) CENGAGE TEXT ACTUAL EXAM WITH VERIFIED & UPDATED ANSWERS 2023/2024 Globalization - CORRECT ANSWER-The close integration of countries and peoples of the world. Purchasing Power Parity (PPP) - CORRECT ANSWER-A conversion that determines the equivalent amount of goods and services that different currencies can purchase. Scenario Planning - CORRECT ANSWER-A technique to prepare and plan for multiple scenarios (either high or low risk). Ris...

WGU C211 GLOBAL ECONOMICS FOR MANAGERS ACTUAL EXAM COMPLETE 2023/2024 (VERIFIED ANSWERS) view that claims phenomenon of globalization was initially driven by the desire of Western economies to exploit their power through MNE's - CORRECT 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 - CORRECT ANSWERevolutionary view that claims globalization is swinging from one extreme to ...

free trade correct answersa situation in which a government does not attempt to influence through quotas or duties what its citizens can buy from another country or what they can produce and sell to another country comparative advantage correct answersthe intellectual basis of modern argument for unrestricted free trade David Ricardo correct answerscomparative advantage Heckscher-Ohlin Theory correct answersThe theory that a country will export goods that make intensive use of the facto...

INTB 3080 Exam 2 Study Guide with Complete Solutions Mercantilism, as advocated in the 16th and 17th centuries, believed that countries should simultaneously encourage both imports and exports. - Answer-False Largely discredited and primitive, mercantilism still influences the trade policies of many countries today. - Answer-True Free trade refers to a situation where a government, through quotas or duties, attempts to influence what its citizens can buy from another country, or what they...

view that claims phenomenon of globalization was initially driven by the desire of Western economies to exploit their power through MNE's - correct 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 - correct answer evolutionary view that claims globalization is swinging from one extreme to another from time to time - correct answer pendulum investment in, controlling, and managin...

WGU C211 GLOBAL ECONOMICS FOR MANAGERS ACTUAL EXAM COMPLETE 2023/2024 (VERIFIED ANSWERS) view that claims phenomenon of globalization was initially driven by the desire of Western economies to exploit their power through MNE's - CORRECT 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 - CORRECT ANSWERevolutionary view that claims globalization is swinging from one extreme to ...

What is an "extractive" government look like correct answers highly centralized, run by elites. Examples include Soviet Union, maya inclusive governnment correct answers Democratic, encourage economic growth and development. Ex: United States What is GDP? correct answers the final output of goods and services produced by an economy. Often expressed in "per capita" terms Why do nations trade? correct answers the basis for trade arises because of national differences i the relativ...