WGU C211 Global Economics Q&A Mastery Bundle

Benefits to a country receiving FDI Capital Inflow, Technology Spillover, Advanced Management Know-How, Job creation Costs to a country receiving FDI Loss of Sovereignty, Adverse effects on competition, Capital outflow. How do resources and capabilities influence the competitive dynamics of a ...

What is one of the elements of the Porter Diamond in the theory of national competitive advantage of industries? Domestic Demand Conditions What is the bandwagon effect? The movement of investors in the same direction at the same time A country has seen a decrease in inflation. What is the eff...

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 demand ...

What is Foreign Direct Investment? is direct investment in, control, and management of value-added activities in other countries. What different political views exist on FDI? Radical, Free Market, and Pragramatic Nationalism What benefits exist to a country receiving FDI? Capital inflow, Techn...

The resource-based view of global business differs from the institution-based view of global business in that the resource-based view _____. focuses on the internal strengths on the firm Which of the following is true of globalization according to the "pendulum view" perspective? Globalization ...

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 Strategic goal...

Which political view of foreign direct investment (FDI) is most widely used by governments in the current international business environment? Protectionism Which factors credit the degree of rivalry between a pair of competitors? 2 choices Market Commonality Cost Structure Which factors credi...

Base of the pyramid (BOP) Economies where people make less than $2,000 per capita per year. BRICA Brazil, Russia, India, and China. Emerging economies term that has gradually replaced the term "developing countries" since the 1990s. Emerging markets A term that is often used interchangeab...

Globalization can be viewed as: 1. a new force sweeping through the world in recent times. 2. a long-run historical evolution since the dawn of human history. 3. a pendulum that swings from one extreme to another from time to time. Which are the three views of globalization? A recent force, a...

Base of the pyramid (BOP) Economies where people make less than $2,000 per capita per year Approx 5 billion people second tier per capita GDP/GNI $ approx 1 billion people top tier per capita GDP/GNI > $20000 approx 1 billion people BRIC Brazil, Russia, India, and China. Emerging...

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 items a...

Globalization can be viewed as a new force sweeping through the world in recent times. a Option pendulum that swings from one extreme to another from time to time. a long-run historical evolution since the dawn of human history. What is the definition of an institution-based view of global 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 advantage ...

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 demand ...