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WGU C211 PRE-ASSESSMENT: GLOBAL ECONOMICS FOR MANAGERS (UZC2) PUZC $9.49   Add to cart

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WGU C211 PRE-ASSESSMENT: GLOBAL ECONOMICS FOR MANAGERS (UZC2) PUZC

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1. Which view claims thatthe phenomenon of globalization was initially driven by the desire of Western economies to exploittheir power through multinational enterprises? YOUR ANSWER CORRECT ANSWER The long-run historical view The new-force view The pendulum view The balanced surplus-decit...

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  • August 5, 2022
  • 21
  • 2021/2022
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3/31/2021 WGU Student Portal | Coaching Report
economic



PRE-ASSESSMENT: GLOBAL ECONOMICS FOR MANAGERS
(UZC2) PUZC
Attempt #2
Status: Passed



1.
Which view claims that the phenomenon of globalization was initially driven by the desire of Western
economies to exploit their power through multinational enterprises?



YOUR CORRECT
ANSWER ANSWER


The long-run historical view

The new-force view

The pendulum view

The balanced surplus-de cit view




2.
Economic gains come from international trade because one country’s exported goods, services, or other
items are unique, valuable, and dif cult to duplicate to the importing countries.

Which view does this statement portray?




YOUR CORRECT
ANSWER ANSWER


City-based view

Country-based view

Resource-based view

Institution-based view




3.
https://my.wgu.edu/coaching-report/preassessment-report/v1/studentPidm/711276/assessmentCode/PUZC/testDate/1615747649 1/21

,3/31/2021 WGU Student Portal | Coaching Report

What is the aggregation of importing and exporting that leads to the country-level trade surplus or de cit?



YOUR CORRECT
ANSWER ANSWER


Loss

Pro t

Revenue

Balance of trade




4.
What is a cost of foreign direct investment?




YOUR CORRECT
ANSWER ANSWER


Developing countries may be exploited by multinational enterprises (MNE).

Human rights rms may help the labor force in host countries with multinational
enterprise (MNE) in uence.

Host countries welcome political interference by multinational enterprises
(MNE) when things are not in favor of the foreign company.

Local governments in host countries may promote corporate social responsibili-
ties on behalf of multinational enterprises (MNEs).




5.
What may precious, rare, and hard-to-duplicate resources and capabilities lead to for a rm?




YOUR CORRECT
ANSWER ANSWER


Sustained leverage

Sustained in uence

https://my.wgu.edu/coaching-report/preassessment-report/v1/studentPidm/711276/assessmentCode/PUZC/testDate/1615747649 2/21

, 3/31/2021 WGU Student Portal | Coaching Report

YOUR CORRECT
ANSWER ANSWER


Sustained competitive disadvantage

Sustained comparative advantage




6.
Which theory states that patterns of international trade change across new, maturing, and standardized
stages?


YOUR CORRECT
ANSWER ANSWER


Product life cycle theory

Strategic trade theory

Factor endowment theory

Sustainability theory




7.
What is the nancial environment in which exchange rates and payments for goods and services are
conducted?




YOUR CORRECT
ANSWER ANSWER


International monetary system

Stock exchange

Commodity exchange

Intercontinental exchange




8.
What happens to a country's real exchange rate and nominal interest rate as the price level increases,
assuming all other factors are unchanged?
https://my.wgu.edu/coaching-report/preassessment-report/v1/studentPidm/711276/assessmentCode/PUZC/testDate/1615747649 3/21

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