WGU C211 Pre-Assessment Exam latest update 2023/2024
Which view claims that the phenomenon of globalization was initially driven by the desire of Western economies to exploit their power through multinational enterprise?
The new-force view
Economic gains come from international trade because...
WGU C211 Pre-Assessment Exam latest update
2023/2024
Which view claims that the phenomenon of globalization was initially driven by the desire of Western
economies to exploit their power through multinational enterprise?
The new-force view
Economic gains come from international trade because one country's exported goods, services, or
other items are unique, valuable, and difficult to duplicate to the importing countries. Which view
does this statement portray?
Resource-based view
What is the aggregation of importing and exporting that leads to the country-level trade surplus or
deficit?
Balance of trade
What is a cost of foreign direct investment?
Developing countries may be exploited by multinational enterprises (MNE).
What may precious, rare, and hard-to-duplicate resources and capabilities lead to for a firm?
Sustained comparative advantage
Which theory states that patterns of international trade change across new, maturing, and
standardized states?
Product life cycle theory
What is the financial environment in which exchange rates and payments for goods and services are
conducted?
International monetary system
What happens to a country's real exchange rate and nominal interest rate as the price level increases,
assuming all other factors are unchanged?
Exchange rates depreciate; interest rates increase
What is the easiest method nonfinancial companies use to handle currency fluctuations?
Currency diversification
Which strategy minimizes the risk of unanticipated changes in future exchange rates?
Currency swap
A company is looking for a location with an abundance of ground-breaking individuals, firms, and
universities. Which type of strategic goal is this company demonstrating?
Innovation-seeking
What advantage comes with not sharing benefits with late entrants?
First-mover advantage
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying these notes from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller ACADEMICAIDSTORE. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $10.09. You're not tied to anything after your purchase.
