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[Show more]WGU C211 (Principals of Economics - 
Chapter 13) Exam Questions With 
Fully Verified Answers 
Total revenue - answerthe amount a firm receives for the sale of its output 
Economic costs - answer= Explicit costs + Implicit costs 
Explicit costs - answer- Monetary payments 
- Material costs, wages and...
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Add to cartWGU C211 (Principals of Economics - 
Chapter 13) Exam Questions With 
Fully Verified Answers 
Total revenue - answerthe amount a firm receives for the sale of its output 
Economic costs - answer= Explicit costs + Implicit costs 
Explicit costs - answer- Monetary payments 
- Material costs, wages and...
WGU C211 - Global Economics for 
Managers Exam Questions With Fully 
Verified Answers 
Value - Resources must create value when engaging rivals 
Rarity - Certain assets are rare, giving an advantage in competitive dynamics 
Imitability - The inability to have your company imitated would give you a c...
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Add to cartWGU C211 - Global Economics for 
Managers Exam Questions With Fully 
Verified Answers 
Value - Resources must create value when engaging rivals 
Rarity - Certain assets are rare, giving an advantage in competitive dynamics 
Imitability - The inability to have your company imitated would give you a c...
C211 WGU OA Exam Questions With Fully 
Verified Answers 
Which political view of foreign direct investment (FDI) is most widely used by governments in 
the current international business environment? - answerProtectionism 
Which factors credit the degree of rivalry between a pair of competitors? 2 c...
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Add to cartC211 WGU OA Exam Questions With Fully 
Verified Answers 
Which political view of foreign direct investment (FDI) is most widely used by governments in 
the current international business environment? - answerProtectionism 
Which factors credit the degree of rivalry between a pair of competitors? 2 c...
C211 WGU OA Exam Questions With Fully 
Verified Answers 
Which political view of foreign direct investment (FDI) is most widely used by governments in 
the current international business environment? - answerProtectionism 
Which factors credit the degree of rivalry between a pair of competitors? 2 c...
Preview 2 out of 5 pages
Add to cartC211 WGU OA Exam Questions With Fully 
Verified Answers 
Which political view of foreign direct investment (FDI) is most widely used by governments in 
the current international business environment? - answerProtectionism 
Which factors credit the degree of rivalry between a pair of competitors? 2 c...
C211 WGU Study Guide Exam Questions 
With Fully Verified Answers 
Globalization - answerIs 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 barrier...
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Add to cartC211 WGU Study Guide Exam Questions 
With Fully Verified Answers 
Globalization - answerIs 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 barrier...
WGU C211 Prep for OA Exam Questions 
With Fully Verified Answers 
Globalization can be viewed as - answera 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 his...
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Add to cartWGU C211 Prep for OA Exam Questions 
With Fully Verified Answers 
Globalization can be viewed as - answera 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 his...
C211 - Global Economics for Managers Final 
Exam Questions With 100% Verified 
Answers 
Base of the pyramid (BOP) - answerEconomies where people make less than $2,000 per 
capita per year. 
BRICA - answerBrazil, Russia, India, and China. 
Emerging economies - answerterm that has gradually replaced t...
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Add to cartC211 - Global Economics for Managers Final 
Exam Questions With 100% Verified 
Answers 
Base of the pyramid (BOP) - answerEconomies where people make less than $2,000 per 
capita per year. 
BRICA - answerBrazil, Russia, India, and China. 
Emerging economies - answerterm that has gradually replaced t...
WGU C211 Global Economics Exam 
Questions With 100% Verified Answers 
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? - answerThe price will increase. 
Which of the following is ...
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Add to cartWGU C211 Global Economics Exam 
Questions With 100% Verified Answers 
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? - answerThe price will increase. 
Which of the following is ...
WGU C211 - Competency 2 Exam Questions 
With 100% Verified Answers 
Regulatory pillar - answerThe coercive power of governments (laws, regs, rules) 
Normative pillar - answerValues, beliefs, and actions of other relevant players (norms, 
cultures, ethics) 
Cognitive pillar - answerThe internalized, ...
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Add to cartWGU C211 - Competency 2 Exam Questions 
With 100% Verified Answers 
Regulatory pillar - answerThe coercive power of governments (laws, regs, rules) 
Normative pillar - answerValues, beliefs, and actions of other relevant players (norms, 
cultures, ethics) 
Cognitive pillar - answerThe internalized, ...
C211 WGU PA and 1st Retake Exam 
Questions With 100% Verified Answers 
The resource-based view of global business differs from the institution-based view of global 
business in that the resource-based view _____. 
a. 
advocates adopting a single method for achieving globalization 
b. 
supports the i...
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Add to cartC211 WGU PA and 1st Retake Exam 
Questions With 100% Verified Answers 
The resource-based view of global business differs from the institution-based view of global 
business in that the resource-based view _____. 
a. 
advocates adopting a single method for achieving globalization 
b. 
supports the i...
WGU C211 Economics Pre-Assessment 2024 
Exam Questions With Fully Verified 
Answers 
What are the weaknesses of the theory of mercantilism? Choose two. - answerThe theory 
leads to inefficient allocation of resources. 
Application of the theory reduces the wealth of the nation in the long run. 
What...
Preview 1 out of 4 pages
Add to cartWGU C211 Economics Pre-Assessment 2024 
Exam Questions With Fully Verified 
Answers 
What are the weaknesses of the theory of mercantilism? Choose two. - answerThe theory 
leads to inefficient allocation of resources. 
Application of the theory reduces the wealth of the nation in the long run. 
What...
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