WGU C211 - Global Economics for Managers Bundled Exams with complete solution | everything you need

ews of globalization (Chp 1.4) - 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 - Location specific advantage ...

Which view claims that the phenomenon of globalization was initially driven by the desire of Western economies to exploit their power through multinational enterprises? - The new force view Economic gains come from international trade because one country's exported goods, services, or other item...

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 interchang...

Globalization - The close integration of countries and peoples of the world. Purchasing Power Parity (PPP) - A conversion that determines the equivalent amount of goods and services that different currencies can purchase. Scenario Planning - A technique to prepare and plan for multiple scenarios ...