WGU C211 EXAM LATEST
300 REAL EXAM
QUESTIONS
AND CORRECT VERIFIED
ANSWERS 2024.A+ GRADE
,Which two phrases represent the views of globalization?
Choose two
answers. - ANSWER- - A pendulum that swings from one
extreme to
another.
- A competition among key financial centers and markets.
What are two trade barriers? - ANSWER- - Nontariffs
- Tarriffs
What is the effect of tariff on a particular product for the country
imposing the tariff? - ANSWER- Increases domestic production of
the product.
Which benefits come to the host country as a result of foreign
direct
,investment? - ANSWER- - Creation of domestic
jobs
- Domestic resource allocation
Which characteristics of firm resources affects competitive
dynamics? -
ANSWER-
Imitability
(capable or worthy of being imitated or copied)
Which characteristic of firm resources affects competitive
dynamics,
according to the VRIO framework? - ANSWER-
Rarity
Which theory is the forerunner to modern-day
protectionism? -
ANSWER-
Mercantilism
, (favorable balance of trade, the development of
agriculture and
manufactures, and the establishment of foreign trading
monopolies)
Which aspect creates the daily changes in a country's exchange
rate? -
ANSWER- Currency supply and
demand
Which risk must a corporation minimize to effectively manage
short-
term currency fluctuations? - ANSWER- Transaction
Risk
(the adverse effect that foreign exchange rate fluctuations can
have on a
completed transaction prior to settlement. It is the exchange
rate, or
currency risk associated specifically with the time delay
between
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