Exam c211 global economic - Study guides, Class notes & Summaries

{solved 2023/2024} WGU C211 Global Economics Final Exam Questions and Answers 100% Correct ability-to-pay principle the idea that taxes should be levied on a person according to how well that person can shoulder the burden absolute advantage The economic advantage one nation enjoys that is absolutely superior to other nations. absorptive capacity The ability to recognize the value of new information, assimilate it, and apply it. accommodative strategy A strategy characterized...

WGU C211 - Global Economics for Managers Comprehensive Final Exam - All Questions & 100% Correct Solutions WGU C211 - Global Economics for Managers Comprehensive Final Exam - All Questions & 100% Correct Solutions Base of the pyramid (BOP) - ANSWER - Economies where people make less than $2,000 per capita per year. BRICA - ANSWER - Brazil, Russia, India, and China. Emerging economies - ANSWER - term that has gradually replaced the term "developing countries" since the 1990s. Emerg...

WGU C211 Global Economics Final Exam Questions and Answers 100% Correct ability-to-pay principle the idea that taxes should be levied on a person according to how well that person can shoulder the burden absolute advantage The economic advantage one nation enjoys that is absolutely superior to other nations. absorptive capacity The ability to recognize the value of new information, assimilate it, and apply it. accommodative strategy A strategy characterized by some support from top managers, ...

WGU C211 Objective Assessment Global Economics for Managers Exam Prep| Questions and Verified Answers| 100% Correct (New 2023/ 2024 Update) QUESTION factors of production should be government owned or state owned and all supply, demand and pricing are planned by the government Answer: command QUESTION the economic system of most countries Answer: mixed economy QUESTION a curve that represents a consumers preferences Answer: indifference curve ...

WGU C211: Global Economics for Managers - Cengage Exam || Questions & Answers (Graded A+) WGU C211: Global Economics for Managers - Cengage Exam || Questions & Answers (Graded A+) 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 mul...

WGU C211 Global Economics for Managers Final Exam | Questions and Verified Answers| 100% Correct (Latest 2024) Grade A Which view claims that the phenomenon of globalization was initially driven by the desire of Western economies to exploit their power through multinational enterprises? - ANSWER The new force view Economic gains come from international trade because one country's exported goods, services or other items are unique...

WGU C211 Global Economics for Managers Course Exam (2024) || All Questions & Answers (Graded A+) WGU C211 Global Economics for Managers Course Exam (2024) || All Questions & Answers (Graded A+) A multinational enterprise (MNE) is: - ANSWER - a firm that engages in foreign direct investments. Purchasing power parity is - ANSWER - an adjustment made to the GDP to reflect differences in the cost of living. What is an important reason to study global business? - ANSWER - a. To gain compete...

WGU C211 Globalization (peng 1,5,6,11) Exam Practice Questions with 100% Correct Answers global business - Correct Answer ️️ -business around the globe international business - Correct Answer ️️ -business (firm) that engages in international (cross -border) economic activities and the action of doing business abroad. base of the pyramid - Correct Answer ️️ -part of the view of the global economy as a pyramid. The vast majority of humanity, about four billion people, lives at...

WGU C211 – Global Economics for Managers Exam Questions and Answers Rated A+ Latest 2023/2024 Views on Globalization New, Evolutionary, and Pendulum "New" view on globalization A force sweeping through the world in recent times. "Evolutionary" view on globalization A long-run historical evolution since the dawn of human history "Pendulum" view on globalization One that swings from one extreme to another from time to time Foreign Direct Investment Direct investme...

C211 Global Economics Final Exam Latest Study guide 2023/2024 Top Examinable Questions (Guaranteed A+) Explain the New, Evolutionary, and Pendulum views of Globalization. How do these differ from one another? "New" view on globalization - A force sweeping through the world in recent times. "Evolutionary" view on globalization - A long-run historical evolution since the dawn of human history. "Pendulum" view on globalization - One that swings from one extreme to another from time to...