Cognitive pillar - Study guides, Class notes & Summaries
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WGU C211 Global Economics Terms Questions and Answers 100% Correct
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WGU C211 Global Economics Terms 
Questions and Answers 100% Correct 
Foreign Direct Investment (FDI) - Answer- Investment in, controlling, and managing 
value-added activities in other countries. 
Mercantilism/Theory of Mercantilism - Answer- 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. 
Strategic Trade Policy - Answer- Government policy that provides companies a strategic 
advantage in international trade thro...
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C211 WGU Exam Questions and Answers 100% Pass
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C211 WGU Exam Questions and Answers 100% Pass 
Globalization - Answer- The close integration of countries and peoples of the world 
Purchasing power parity (PPP) - Answer- A conversion that determines the equivalent 
amount of goods and services that different currencies can purchase 
Scenario planning - Answer- A technique to prepare and plan for multiple scenarios 
(either high or low risk) 
Risk management - Answer- The identification and assessment of risks and the 
preparation to minimize t...
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(Top 2024/2025 EXAM REVIEW PAPER ) WGU; C200; Global Economics; Chapter 2. Exam Questions and answers, 100% Accurate. VERIFIED.
- Exam (elaborations) • 14 pages • 2023
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WGU; C200; Global Economics; Chapter 
2. Exam Questions and answers, 100% 
Accurate. VERIFIED. 
Formal institutions include all of the following EXCEPT: 
a. Cultures 
b. Regulations 
c. Rules 
d. Laws - -Cultures 
What is a cognitive pillar? 
a. The manager's way of looking at employees 
b. The way people behave in an organization 
c. The way the organization views their culture 
d. The internalized values and beliefs that guide behavior - -The internalized values and beliefs that 
gui...
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International Business Test BANK EXAM UPDATE QUESTION AND ANSWERS PASS A+ The Greyon Bank in Australia has an excess balance of euros but is in need of dollars. Similarly, Huran Bank in the US has an excess of dollars and is currently in need of euros.
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International Business Test BANK EXAM UPDATE 
QUESTION AND ANSWERS PASS A+ 
The Greyon Bank in Australia has an excess balance of euros but is in need of dollars. 
Similarly, Huran Bank in the US has an excess of dollars and is currently in need of 
euros. The two banks agree to exchange euros for dollars now and dollars for euros at 
a later date. This type of foreign exchange transaction is an example of _____. 
Select one: 
a. 
spot transaction 
b. 
forward transaction 
c. 
currency hedgi...
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WGU C211 Global Economics for Managers test questions with 100% correct answers.
- Exam (elaborations) • 27 pages • 2023
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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 
 
 
 
Emerging economy 
Nations with social or business activity in the process of rapid growth and industrialization 
 
 
 
Global economic pyramid 
Pyramid that consists of all of the world's economies, comp...
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WGU C211 Competency 2 Exam Questions and answers with 100% Correct Answers | Latest Update 2024 | Rated A+
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WGU C211 Competency 2 Exam Questions and answers with 100% Correct Answers | Latest Update 2024 | Rated A+ 
Cognitive pillar - the internalized (or taken-for-granted) values and beliefs that guide individual and firm behavior. 
Formal institutions - Institution represented by laws, regulations, and rules. 
Informal institutions - include norms, cultures, and ethics. 
Institutional framework - formal and informal institutions governing individual and firm behavior. 
Institution-based view - A lea...
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WGU C211 Global Economics Terms Questions and Answers 100% Correct
- Exam (elaborations) • 3 pages • 2024
- Available in package deal
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WGU C211 Global Economics Terms 
Questions and Answers 100% Correct 
Foreign Direct Investment (FDI) - Answer- Investment in, controlling, and managing 
value-added activities in other countries. 
Mercantilism/Theory of Mercantilism - Answer- 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. 
Strategic Trade Policy - Answer- Government policy that provides companies a strategic 
advantage in international trade thro...
-
C211 OA Exam Questions and Answers Rated A+ Latest 2023/2024 (100% Correct Answers)
- Exam (elaborations) • 27 pages • 2023
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view that claims phenomenon of globalization was initially driven by the desire of Western economies to exploit their power through MNE's - correct answer 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 - correct answer evolutionary 
 
view that claims globalization is swinging from one extreme to another from time to time - correct answer pendulum 
 
investment in, controlling, and managin...
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WGU C211 GLOBAL ECONOMICS FOR MANAGERS ACTUAL EXAM COMPLETE 2023/2024 (VERIFIED ANSWERS)
- Exam (elaborations) • 12 pages • 2024
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WGU C211 GLOBAL ECONOMICS FOR 
MANAGERS ACTUAL EXAM COMPLETE 
2023/2024 (VERIFIED ANSWERS) 
view that claims phenomenon of globalization was initially driven by the desire of 
Western economies to exploit their power through MNE's - CORRECT ANSWER-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 - CORRECT ANSWERevolutionary 
view that claims globalization is swinging from one extreme to ...
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C211 WGU Exam Questions and Answers 100% Pass
- Exam (elaborations) • 20 pages • 2024
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C211 WGU Exam Questions and Answers 100% Pass 
Globalization - Answer- The close integration of countries and peoples of the world 
Purchasing power parity (PPP) - Answer- A conversion that determines the equivalent 
amount of goods and services that different currencies can purchase 
Scenario planning - Answer- A technique to prepare and plan for multiple scenarios 
(either high or low risk) 
Risk management - Answer- The identification and assessment of risks and the 
preparation to minimize t...
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