Protectionism - Study guides, Class notes & Summaries

ERPG Model correct answers 1. Ethnocentric 2. Polycentric 3. Geocentric 4. Polycentric Ethnocentric correct answers company does not put in effort overseas, uses home country marketing, home country is superior Polycentric correct answers locals know their culture better and should run a business adapting to each culture Geocentric correct answers only one way of internationalizing, one way for each country Regiocentric correct answers Internationalization is done by regions, e...

tools states use to project economic power - Answer-aids and sanctions bilateral aid - Answer-Where aid is given by one country directly to another. multilateral aid - Answer-numerous different governments and organizations such as the world bank or the UN Types of aid - Answer-development, military, democracy, humanitarian the Marshall plan - Answer-Massive transfer of aid money to help rebuild postwar Western Europe, intended to bolster capitalist and democratic governments and prevent d...

C211 OA - Partial OA Questions and Answers Latest 2022 Fall - WGU. C211 Global Economics Which political view of foreign direct investment (FDI) is most widely used by governments in the current international business environment? Radicalism Protectionism Communism nationalism 5. Which factors predict the degree of rivalry between a pair of competitors? 2 choices Market commonality Cost structure Resource similarity Organizational structure 6. Which factors predicts how local f...

1. define Globalisation the process through which nation- al economies, societies and cultures are becoming increasingly intercon- nected through global networks of trade, communication, transportation and immigration 2. where are levels of globalisation the highest 3. where are levels of globalisation the lowest 4. 3 Key Characteristics of Globalisa- tion between core countries, as a result of them having sorted out major do- mestic problems, giving them spare capacity to look to solve ...

BUSI 22 Ch 4 quiz, Busi 22 Ch 2, 4, 6, 10Business 22 Chapter 1 Profit - correct answer when a company's revenues exceeds its expenses Goods - correct answer the physical products offered by a business Services - correct answer intangible products that, such as a hair cut, health care, or car insurance Business - correct answer an entity that offers goods and services to its customers to earn a profit not-for-profit organization - correct answer an organization that does not pur...

Alberta social 10-1 latest update graded A+ Media Convergence The use of electronic technology to integrate media such as newspapers, books, TV and the internet. Media Concentration gathering of small newspapers into a. fee large companies Homogenization The erasing of cultural differences so that people become more and more similar Hybridization occurs when elements of different cultures are mixed and something new is created Cultural Revitalization restoring a culture to p...

political union - ️️regional integration with no internal tariffs, common external tariffs, factor mobility allowed, common currency, monetary & fiscal policies, and common political institutions common market - ️️regional integration with no internal tariffs, common external tariffs, and factor (i.e. factors of production - labor, capital etc.) mobility allowed Flow - ️️amount of FDI over a period of time (one year) Stock - ️️total accumulated value of foreign owned assets...

TEST BANK Enterprise Risk Management S - The Marketplace to Buy and Sell your Study Material 1 RSK2601 TEST BANK Question 1 Which one of the following is a benefit of effective risk and opportunity management? 1) Improved profit certainty 2) Increased shareholder value 3) Increased stakeholder confidence Correct option 3 4) Lower economic returns Explanation Improved cost certainty, sustainable shareholder value, increased stakeholder confidence and higher economic returns...

This document provides notes on free trade, trade protectionism, arguments for and against trade protection, economic integration, exchange rates, the balance of payments and economic growth/ development. With these notes I was able to achieve an average of 96% in my economics class and fully understand the material.

WGU C211 OA GLOBAL ECONOMICS LATEST EXAM 2024/ACTUAL EXAM WITH 65 CORRECT DETAILED AND VERIFIED ANSWERS/A+ GRADE 1. Which political view of foreign direct investment is most widely used by governments in the current international business environment? a. Protectionism 2. Which factors predict the degree of rivalry between a pair of competitors? a. Market commonality b. Cost structure