Absolute quota - Study guides, Class notes & Summaries
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Macro Summary - Globalisation & The International Economy
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1.	define Globalisation	the process through which nation- al economies, societies and cultures are becoming increasingly intercon- nected through global networks of trade, communication, transportation and immigration 2.	where are levels of globalisation the highest 3.	where are levels of globalisation the lowest 4.	3 Key Characteristics of Globalisa- tion between core countries, as a result of them having sorted out major do- mestic problems, giving them spare capacity to look to solve ...
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WGU C211 Prep for OA Exam Questions and Correct Solutions 2024
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WGU C211 Prep for OA Exam Questions and 
Correct Solutions 2024 
Globalization can be viewed as - Answer -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 business? - Answer -An institution-based 
view suggests that the success and failure of firms are enabled and constrained by instit...
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Customs Broker Exam Questions and Answers All Correct
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Customs Broker Exam Questions and Answers All Correct 
 
ATA Carnet - Answer-For goods to be temporarily imported and/or transported 
 
Absolute Quota - Answer-Permits a limited number of units of specified merchandise to be entered or withdrawn for consumption during specified periods. 
Once filled, no further entries or withdrawals for consumption of merchandise subject to quota are permitted. 
 
Part 132 - Answer-Quotas 
 
Part 162 - Answer-Inspections, search as seizure 
 
Computed Value - ...
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WGU D080 OA, Exam Questions With 100% Correct Answers | Latest 2023/2024 Graded A+
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What are the advantages of a mixed economy? - Answer mirror those of the market 
economy in that goods and services are distributed where they are most needed. 
Prices are set by supply and demand, innovation is encouraged, and capital is 
allocated to the businesses that are the most innovative and efficient. A mixed 
economy minimizes the disadvantages of a market economy by having a more 
significant role for government intervention in the market. 
What are the disadvantages of a mixed econom...
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WGU C211 Global Economics Prep for OA Practice Questions and Answers
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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 business? An institution-based view suggests that the success and failure of firms are enabled and constrained by institutions, also known as the rules of the game, such as regulations, laws, cultures, e...
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WGU D080 (Global Business) Exam Questions With 100% Correct Answers (Graded A+ 2023/2024)
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Common Law - ANSWER-Judges interpret the law, and judicial rulings can set 
precedent 
Religious Law - ANSWER-Is based on religious guidelines 
Customary Law - ANSWER-Can vary from community to community and is found in 
countries without strong formal justice systems 
Canon Law - ANSWER-This system is the body of laws and regulations made by a 
religious authority governing communities 
Special Drawing Rights - ANSWER-The international type of monetary reserve currency 
created by the IMF 
TRIP...
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WGU C211 Key Terms and Definitions|GUARANTEED SUCCESS
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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 interchangeably with "emerging economies" 
 
 
 
Expatriate manager 
A manager who works abroad 
 
 
 
Foreign Direct Investment 
Investment in, controlling and managing value-added activities in other count...
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WGU D080 - Managing in a Global Business Environment Exam | Questions & Answers (100% Verified)
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WGU D080 - Managing in a Global Business Environment Exam | Questions & Answers (100% Verified) 
WGU D080 - Managing in a Global Business Environment Exam | Questions & Answers (100% Verified) 
 
AAA ratings - ANSWER - The highest possible rating that may be assigned by a credit rating agency for a bond 
 
absolute quota - ANSWER - A quota that strictly limits the quantity of goods that may enter a country. 
 
Ad valorem tariffs - ANSWER - Import taxes based on a fixed percentage of the assessed...
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D080 - Managing in a Global Business Environment questions with complete solutions
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AAA ratings correct answer: The highest possible rating that may be assigned by a credit rating agency for a bond 
 
absolute quota correct answer: A quota that strictly limits the quantity of goods that may enter a country. 
 
Ad valorem tariffs correct answer: Import taxes based on a fixed percentage of the assessed commercial value of imported goods 
 
agility correct answer: Ability to move quickly and flexibly 
 
algorithms correct answer: A process or set of rules to be followed in ca...
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WGU D080 Module Quizes
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WGU D080 Module Quizes 
Nowadays, countries have joined different international organizations as well as regional organizations and have signed agreements to follow the organization's rules. This is due to______. * 
Political globalization 
 
 
General Motor in recent years have gradually moved its production facilities to Mexico and have lowered the production cost significantly. This is a benefit brought by_________. 
Economic globalization 
 
 
Over many years, the Ireland government has mad...
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