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WGU D080 Module Quizes Exam Questions and Answers
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WGU D080 Module Quizes ExamQuestions and Answers
Nowadays, countries have joined different international organizations as well
as regional organizations and have signed agreements to follow the
organization's rules. This is due to______. * - -Political globalization
-General Motor in recent years have gradually moved its production facilities
to Mexico and have lowered the production cost significantly. This is a
benefit brought by_________. - -Economic globalization
-Over many years, the Ireland government has made a consistent policy to
maintain a low corporate income tax rate for businesses. This has greatly
attracted the foreign direct investment to Ireland and promoted
globalization. Which of the following globalization driver is related to the
scenario? - -Government driver
-Which anti-globalization argument has been pushing Nike to improve its
factory management on workers' rights in the factories located in Indonesia
and Vietnam? - -Unethical practices of labor such as sweatshops
-Which factor of CAGE analysis addresses differences in country's GDP level
that affect trade? - -Economics
-Both being the member countries of the EU and the Euro zone, Germany
and France have been each other's important trading partners. Why it's easy
for them to trade with each other - -Because France and Germany have
administration similarity on free trade agreement
-Which of the following legal system usually is observed in an area without
strong justice system? - -Customary law
-Under the COVID19 pandemic, a lot of individuals and small businesses are
significantly impacted and have been struggling. The U.S. government has
issued 2 rounds of stimulus checks and offered small business forgiveness
loans to support this group. This reflects______. - -Formation of international
organizations
-Which legal system is based on tradition and precedent given that judicial
rulings can stand as precedents for future cases? - -Traditional economy
-Which factor results in a faster development of globalization? - -Mixed
economy
, -Which type of economy contains a low standard of living, no surplus, and
usually is observed in under-developed areas of the world? - -Common law
system
-What is a characteristic of the International Monetary Fund (IMF)? - -The
IMF provides financial assistance to member nations with trade deficit issues.
-What is a goal of the World Bank? - -Help countries fight poverty and
improve life quality
-Citizens in an African country complain that a requirement from an
international institution to cut their government expenditure on the funded
healthcare program due to the loans the nation gets from that institution has
significantly reduced their social benefits. This is related to which of the
following international institution? - -The World Bank
-T & M Computers is conducting international business operation in world
areas, which have recently undergone financial turmoil. Of the following,
which organization is most likely to provide assistance in providing global
financial stability? - -The International Monetary Fund
-A newly elected leader has promised to improve the country's highways
and airports so that it can attract more foreign businesses to invest there.
Which of the following institution can help this country with the project? - -
The World Bank
-Which of the following is the WTO criticized for? - -The transparency
requirement has hurt member nations' sovereignty
-Which of the following would a mercantilist value the most? - -A trade
surplus
-Brazil has better soil and climatic conditions and they can produce coffee
beans cheaper than the United States. This reflects_________of Brazil - -
Absolute advantage
-The U.S. government plans to use a 25% tariff on tires imported from
China. This will result in_________. - -Decreased consumer benefits
-Free trade could result in__________________ - -Creation of sweat shops in
countries with cheap labor
-A Japanese company has been selling a product at an unreasonable low
price in the German market. The German government therefore uses a tariff
on the import of this product. The reason for the German government to do
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