BUNDLE::::::::WGU C211;GLOBAL ECONOMICS FOR MANAGERS EXAMS|ALL GRADED A+|ALL VERIFIED FOR ACCURACY|GUARANTEED SUCCESS
[Show more]
Globalization The process by which businesses or other organizations develop international influence or start operating on an international scale Import quota A limit on the number of products in certain categories that a nation can import Emerging economy Nations with social or bus...
Preview 3 out of 27 pages
Add to cartGlobalization The process by which businesses or other organizations develop international influence or start operating on an international scale Import quota A limit on the number of products in certain categories that a nation can import Emerging economy Nations with social or bus...
Views 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 adva...
Preview 2 out of 9 pages
Add to cartViews 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 adva...
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 it...
Preview 2 out of 8 pages
Add to cartWhich 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 it...
How is consumer surplus represented on a graph? The area below the demand curve and above price which two statements define producer surplus? the amount the seller is paid minus the cost of production and the area below the price and above the supply curve on a graph a painter spends...
Preview 1 out of 3 pages
Add to cartHow is consumer surplus represented on a graph? The area below the demand curve and above price which two statements define producer surplus? the amount the seller is paid minus the cost of production and the area below the price and above the supply curve on a graph a painter spends...
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 it...
Preview 2 out of 6 pages
Add to cartWhich 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 it...
The term "emerging economies" has replaced the term developing countries The gross domestic product plus the income from non-resident sources abroad gives the gross national product Which of the following countries would be characterized as an emerging economy? Brazil More than 2...
Preview 3 out of 24 pages
Add to cartThe term "emerging economies" has replaced the term developing countries The gross domestic product plus the income from non-resident sources abroad gives the gross national product Which of the following countries would be characterized as an emerging economy? Brazil More than 2...
Suppose that the United States imposes a tariff on avocados imported from Mexico. What impact will this have on the price paid for avocados by United States citizens? The price will increase. Which of the following is a consequence of a country imposing a tariff on imported goods? The d...
Preview 4 out of 34 pages
Add to cartSuppose that the United States imposes a tariff on avocados imported from Mexico. What impact will this have on the price paid for avocados by United States citizens? The price will increase. Which of the following is a consequence of a country imposing a tariff on imported goods? The d...
Foreign Direct Investment (FDI) Investment in, controlling, and managing value-added activities in other countries. Mercantilism/Theory of Mercantilism A theory that suggests that the wealth of the world is fixed and that a nation that exports more and imports less will be richer. St...
Preview 1 out of 4 pages
Add to cartForeign Direct Investment (FDI) Investment in, controlling, and managing value-added activities in other countries. Mercantilism/Theory of Mercantilism A theory that suggests that the wealth of the world is fixed and that a nation that exports more and imports less will be richer. St...
3 views on globalization Globalization is when you do business internationally New, Evolutionary, and Pendulum "New" view on globalization A force sweeping through the world in recent times. Which view claims that the phenomenon of globalization was initially driven by the desire of W...
Preview 4 out of 48 pages
Add to cart3 views on globalization Globalization is when you do business internationally New, Evolutionary, and Pendulum "New" view on globalization A force sweeping through the world in recent times. Which view claims that the phenomenon of globalization was initially driven by the desire of W...
**What Political views exist on Foreign Direct Investment (FDI)** **answer includes radicalism** Radical View - Hostile to foreign direct investment (FD) Free Market View - Suggests foreign direct investment (FDI) unrestricted by government intervention is the best. Pragmatic Nationalism - O...
Preview 2 out of 9 pages
Add to cart**What Political views exist on Foreign Direct Investment (FDI)** **answer includes radicalism** Radical View - Hostile to foreign direct investment (FD) Free Market View - Suggests foreign direct investment (FDI) unrestricted by government intervention is the best. Pragmatic Nationalism - O...
Deadweight Cost Net losses that occurs in an economy as a result of tariffs Purchasing Power Parity (PPP) A conversion that determines the equivalent amount of goods and services different currencies can purchase. An adjustment to reflect the differences in the cost of living in various cou...
Preview 2 out of 9 pages
Add to cartDeadweight Cost Net losses that occurs in an economy as a result of tariffs Purchasing Power Parity (PPP) A conversion that determines the equivalent amount of goods and services different currencies can purchase. An adjustment to reflect the differences in the cost of living in various cou...
Globalization Is the close integration of countries and peoples of the world which has been brought about by the enormous reduction of the cost of transportation and communication, and the breaking down of artificial barriers to the flows of goods, services, capital, knowledge, and (to a lesser ext...
Preview 3 out of 29 pages
Add to cartGlobalization Is the close integration of countries and peoples of the world which has been brought about by the enormous reduction of the cost of transportation and communication, and the breaking down of artificial barriers to the flows of goods, services, capital, knowledge, and (to a lesser ext...
Explain the New, Evolutionary, and Pendulum views of Globalization. How do these differ from one another? New globalization is a new force sweeping through the world in recent times. Pendulum globalization is a pendulum that swings from one extreme to the the other from time to time. Evolutionary g...
Preview 3 out of 17 pages
Add to cartExplain the New, Evolutionary, and Pendulum views of Globalization. How do these differ from one another? New globalization is a new force sweeping through the world in recent times. Pendulum globalization is a pendulum that swings from one extreme to the the other from time to time. Evolutionary g...
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 sc...
Preview 3 out of 21 pages
Add to cartGlobalization 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 sc...
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 i...
Preview 2 out of 6 pages
Add to cartWhich 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 i...
which view claims that the phenomenon of globalization was initially driven by the Western economies to exploit their Powers through Multinational Enterprises "New" force view economic gaines from international trade because one countries exported Goods, services or other items are unique,...
Preview 3 out of 21 pages
Add to cartwhich view claims that the phenomenon of globalization was initially driven by the Western economies to exploit their Powers through Multinational Enterprises "New" force view economic gaines from international trade because one countries exported Goods, services or other items are unique,...
view that claims phenomenon of globalization was initially driven by the desire of Western economies to exploit their power through MNE's new view that claims globalization is a long-run historical evolution since the dawn of humanity. Says it is nothing new and that it will always exist e...
Preview 3 out of 17 pages
Add to cartview that claims phenomenon of globalization was initially driven by the desire of Western economies to exploit their power through MNE's new view that claims globalization is a long-run historical evolution since the dawn of humanity. Says it is nothing new and that it will always exist e...
Base of the Pyramid Economies where people make less that $2,000 per capita per year BRIC Brazil, Russia, India, China Emerging Economies A term that has gradually replaced the term "developing countries" since the 1990s Emerging Markets A term that is often used interchan...
Preview 3 out of 21 pages
Add to cartBase of the Pyramid Economies where people make less that $2,000 per capita per year BRIC Brazil, Russia, India, China Emerging Economies A term that has gradually replaced the term "developing countries" since the 1990s Emerging Markets A term that is often used interchan...
Views 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. Location specific advantage of Natural resource—seeking Strategi...
Preview 2 out of 11 pages
Add to cartViews 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. Location specific advantage of Natural resource—seeking Strategi...
Regulatory pillar The coercive power of governments (laws, regs, rules) Normative pillar Values, beliefs, and actions of other relevant players (norms, cultures, ethics) Cognitive pillar The internalized, taken-for-granted values and beliefs that guide behavior. (beliefs between rig...
Preview 1 out of 3 pages
Add to cartRegulatory pillar The coercive power of governments (laws, regs, rules) Normative pillar Values, beliefs, and actions of other relevant players (norms, cultures, ethics) Cognitive pillar The internalized, taken-for-granted values and beliefs that guide behavior. (beliefs between rig...
A perfectly competitive firm chooses its price to maximize profits. sets its price to undercut other firms selling similar products. takes its price as given by market conditions. picks the price that yields the largest market share. takes its price as given by market conditions. A com...
Preview 1 out of 3 pages
Add to cartA perfectly competitive firm chooses its price to maximize profits. sets its price to undercut other firms selling similar products. takes its price as given by market conditions. picks the price that yields the largest market share. takes its price as given by market conditions. A com...
International Business (IB) A business (or firm) that engages in international (cross-boarder) economic activities. Multinational Enterprise (MNE) A firm that engages in foreign direct investment. Foreign Direct Investment (FDI) When a business participates in investing, controlling...
Preview 1 out of 3 pages
Add to cartInternational Business (IB) A business (or firm) that engages in international (cross-boarder) economic activities. Multinational Enterprise (MNE) A firm that engages in foreign direct investment. Foreign Direct Investment (FDI) When a business participates in investing, controlling...
WGU C211 Chapter 1 questions and answersGlobalization The process by which businesses or other organizations develop international influence or start operating on an international scale Import quota A limit on the number of products in certain categories that a nation can import Emer...
Preview 3 out of 27 pages
Add to cartWGU C211 Chapter 1 questions and answersGlobalization The process by which businesses or other organizations develop international influence or start operating on an international scale Import quota A limit on the number of products in certain categories that a nation can import Emer...
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 i...
Preview 4 out of 42 pages
Add to cartWhich 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 i...
The opportunity cost of one good relative to another reflects: The slope of the budget constraint. Assume that an individual's budget decreases and that prices remain constant. What would happen to his/her budget constraint? The budget constraint line would Shift inward in a parallel manne...
Preview 1 out of 1 pages
Add to cartThe opportunity cost of one good relative to another reflects: The slope of the budget constraint. Assume that an individual's budget decreases and that prices remain constant. What would happen to his/her budget constraint? The budget constraint line would Shift inward in a parallel manne...
Views on Globalization New, Evolutionary, and Pendulum "New" view on globalization A force sweeping through the world in recent times. "Evolutionary" view on globalization A long-run historical evolution since the dawn of human history "Pendulum" view on globalization ...
Preview 1 out of 4 pages
Add to cartViews on Globalization New, Evolutionary, and Pendulum "New" view on globalization A force sweeping through the world in recent times. "Evolutionary" view on globalization A long-run historical evolution since the dawn of human history "Pendulum" view on globalization ...
Book Title:
Author(s):
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
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!
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
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.
Stuvia is a marketplace, so you are not buying this document from us, but from seller GUARANTEEDSUCCESS. Stuvia facilitates payment to the seller.
No, you only buy these notes for $38.49. You're not tied to anything after your purchase.
4.6 stars on Google & Trustpilot (+1000 reviews)
77858 documents were sold in the last 30 days
Founded in 2010, the go-to place to buy study notes for 14 years now
