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WGU C211 Pre-Assessment 2 Exam 2024 Actual Questions with Verified Answers, 100% Guarantee Pass
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WGU C211 Pre-Assessment 2 Exam 2024 Actual Questions with Verified Answers, 100% Guarantee Pass
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2.pdf file:///C:/Users/HP/Desktop/NIW/WGU%20C211%20Pre-assessmeWGU C211 Pre-assessment #2
1. Which view claims that the phenomenon of globalization was initially driven by the
desire of Western economies to exploit their power through multina- tional enterprises?
ANS The new force view
2. Economic gains come from international trade because one country's ex- ported goods,
services, or other items are unique, valuable, and difficult to duplicate to the importing
country.Which view does this statement portray?-
ANS Resource-based view
3. What is the aggregation of importing and exporting that leads to the coun- try-level
trade surplus or deficit?
ANS Balance of Trade
4. What is a cost of foreign direct investment?
ANS Developing countries may be exploited by multinational enterprises (MNE)
5. Which type of managerial capability is both challenging and difficult to imitate?
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,2.pdf file:///C:/Users/HP/Desktop/NIW/WGU%20C211%20Pre-assessme
ANS Intangible capability
6. What may precious, rare, and hard-to-duplicate resources and capabilities lead to for a
firm?
ANS Sustained comparative advantage
7. Which theory of international trade states that poor countries often expe- rience faster
rates of economic growth compared to wealthy countries?
ANS The catch-up effect
8. What is the financial environment in which exchange rates and payments for goods
and services are conducted.
ANS Commodity exchange
9. What happens to a country's real exchange rate and nominal interest rate as the price
level increases, assuming all other factors are unchanged?
ANS Ex- change rates depreciate, interest rates increase
10. What is the easiest method non-financial companies use to handle curren- cy
fluctuations?
ANS Commodity trading
11. Which strategy minimizes the risk of unanticipated changes in future exchange
rates?
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