Wgu c211 key terms - Study guides, Class notes & Summaries
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C211 WGU Study Guide questions and answers |graded A+
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C211 WGU Study Guide questions and answers |graded A+ 
Globalization 
Is the close integration of countries and peoples of the world which has been brought about by the enormous reduction of the cost of transportation and communication, and the breaking down of artificial barriers to the flows of goods, services, capital, knowledge, and (to a lesser extent) people across borders. 
 
 
 
New view of Globalization 
A new force sweeping through the world in recent times that it is a new phenomenon ...
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WGU C211 Post Assessment Study Guide 2023: Globalization (Chapters 1, 5, 6, 11)
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WGU C211 Post Assessment Study Guide 2023: Globalization (Chapters 1, 5, 6, 11) What is Foreign Direct Investment? – investment in a business by an 
investor from another country for which the foreign investor has control over 
the company purchased.; is an investment made by a company or individual 
in one country in business interests in another country. 
3- What different political views exist on FDI? – radical view or pragmatic view 
– chapter 6, Peng 6-3a – box – *Radical View is ...
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WGU C211 - Global Economics for Managers Correctly answered 2022
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WGU C211 - Global Economics for Managers Correctly answered 2022Views 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 manag...
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WGU C211 - Global Economics for Managers Final Exam - All Reading (Answered Fall 2022)
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WGU C211 - Global Economics for Managers Final Exam - All Reading (Answered Fall 2022) 
 
Base of the pyramid (BOP) 
Economies where people make less than $2,000 per capita per year. 
BRICA 
Brazil, Russia, India, and China. 
Emerging economies 
term that has gradually replaced the term "developing countries" since the 1990s. 
Emerging markets 
A term that is often used interchangeably with "emerging economies." 
Expatriate manager 
A manager who works abroad, or "expat" for short. 
Foreig...
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WGU C211 - Global Economics for Managers Latest 2022 Already Passed
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WGU C211 - Global Economics for Managers Latest 2022 Already Passed 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 acti...
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WGU C211 Post Assessment Study Guide 2023 Globalization (Chapters 1, 5, 6, 11)
- Exam (elaborations) • 12 pages • 2023
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WGU C211 Post Assessment Study Guide 2023 Globalization (Chapters 1, 5, 6, 11) Explain the New, Evolutionary, and Pendulum views of Globalization. How 
do these differ from one another? – 
a. New Force – sweeping through the world in recent times 
b. Evolutionary – Long-Run Historical evolution since the dawn of human 
history 
c. Pendulum – that swings from one extreme to another from time to 
time. 
2- What is Foreign Direct Investment? – investment in a business by an 
investor from...
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WGU C211 - Global Economics for Managers.
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WGU C211 - Global Economics for Managers. Key concepts: 
perfectly competitive... federal open market... perfectly competitive... 
Terms in this set (136) 
Mercantilism A theory that suggests that the wealth of 
the world is fixed and that a nation that 
exports more and imports less will be 
richer. 
Features of the product 
life cycle? 
New, Maturing, and Standardized 
Strategic trade Intervention by governments in certain 
industries can enhance their odds for 
international success. 
How are...
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WGU C211 - Global Economics for Managers.
- Exam (elaborations) • 24 pages • 2022
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WGU C211 - Global Economics for Managers. Key concepts: 
perfectly competitive... federal open market... perfectly competitive... 
Terms in this set (136) 
Mercantilism A theory that suggests that the wealth of 
the world is fixed and that a nation that 
exports more and imports less will be 
richer. 
Features of the product 
life cycle? 
New, Maturing, and Standardized 
Strategic trade Intervention by governments in certain 
industries can enhance their odds for 
international success. 
How are...
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WGU C211 - Global Economics for Managers Study Questions with Correct and Verified Answers 100% Graded A+ 2024/2025
- Exam (elaborations) • 8 pages • 2024
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WGU C211 - Global Economics for Managers Study Questions with Correct and Verified Answers 100% Graded A+ 2024/2025 
***What Political views exist on Foreign Direct Investment (FDI)*** - Correct Answer ***answer includes radicalism*** 
Radical View - Hostile to foreign direct investment (FD) 
 
Free Market View - Suggests foreign direct investment (FDI) unrestricted by government intervention is the best. 
 
Pragmatic Nationalism - Only approves foreign direct investment (FDI) when its benefits ...
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WGU C211 - Global Economics for Managers Brain Dump Study Questions with Correct Answers 100% Verified 2024/2025
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WGU C211 - Global Economics for Managers Brain Dump Study Questions with Correct Answers 100% Verified 2024/2025 
What different political views exist on Foreign Direct Investment FDI? - Correct Answer Radical View, Free Market View, Pragmatic Nationalism 
 
**answer includes radicalism** 
 
What is resource similarity and how does this impact competitive dynamics? - Correct Answer Extent to which a given competitor possesses strategic endowment comparable, in terms of both type & amount to thos...
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