Infant industries Study guides, Class notes & Summaries

BUSI 3250 Exam 2 Questions | 100% Correct Answers | Verified | Latest 2024 Version Nationalization is also called - Expropriation the taking of private property by a government to make it public - Nationalization US Government took over ownership of what company during crisis of ? - GM the selling of government owned property to the private sector to gain more efficiency in business operations, to raise money or to change in political climate/philosophy - Privatization (why governme...

WGU D080 Pre-Assessment Questions Two countries agree to open their borders to international business transactions with one another without tariffs . How does this affect global business? - Answer It leads to developing free trade policies with strategic partners. A country uses its established technology infrastructure to produce a good. What is the impact of this infrastructure on trade? - Answer It will create barriers to entry for other nations . What was the economi...

AGB 302 Quiz 3 Latest Update (Correct and Verified) refers to a situation where a government does not attempt to influence through quotas or duties what its citizens can buy from another country free trade argued that countries should specialize in the production of goods for which they have an absolute advantage. Adam Smith The theory of comparative advantage suggests that trade is a game in which all countries that participate realize economic gains positive-sum The _________ argues that a...

Globalisation Increased interdependence between countries and the rapid rate of change it brings about Factors contributing to globalisation (5) Improvements in infrastructure (Quicker, more reliable and cheaper methods enabling production) Improvements in IT and communication (Allows global operations) Trade Liberalisation (Reduces protectionism and makes trade cheaper - specialisation) International financial markets (Raising money and transferring it globally) TNCs (Low p...

WGU C211 STUDY GUIDE QUESTIONS AND ANSWERS (ACTUAL EXAM 2023/2023) GLOBAL ECONOMICS FOR MANAGERS Views of globalization (Chp 1.4) - CORRECT 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 - CORRECT ANSWER-Location specific advantage = Possession of natural resources and related transport and ...

WGU C211 Study Guide Views of globalization (Chp 1.4) - correct 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 - correct answer Location specific advantage = Possession of natural resources and related transport and communication infrastructure Strategic goal = Market-seeking - correct answer ...

C211 - Global Economics for Managers Base of the pyramid (BOP) - correct answer - Economies where people make less than $2,000 per capita per year. BRICA - correct answer - Brazil, Russia, India, and China. Emerging economies - correct answer - term that has gradually replaced the term "developing countries" since the 1990s. Emerging markets - correct answer - A term that is often used interchangeably with "emerging economies." Expatriate manager - correct answer - A manager w...

BUSI 3250 Exam 2 Questions With 100% Correct Answers 2024 Nationalization is also called - answerExpropriation the taking of private property by a government to make it public - answerNationalization US Government took over ownership of what company during crisis of ? - answerGM the selling of government owned property to the private sector to gain more efficiency in business operations, to raise money or to change in political climate/philosophy - answerPrivatization (why governments se...

Which negative outcome on political systems comes from globalization? - Creation of isolationist policies Which factor results in a higher rate of globalization? - Reduced trade barriers What are the four factors in Ghemawat's CAGE analysis? - Culture, administration, geography, economy What is a major drawback to the home country when companies outsource manufacturing jobs to countries with lower worker wages? - Loss of manufacturing jobs A country has a characteristic traditional ...

WGU C211 - Global Economics for Managers 2024 Exam 3 views on globalization Globalization is when you do business internationally New, Evolutionary, and Pendulum "New" view on globalization 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 through multinational enterprises? "Evolutionary" view on globalization A long-run historical evolution sinc...