Wgu c211 global econ Study guides, Class notes & Summaries
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WGU C211 Global Economics Exam (2024) || All Questions & 100% Verified Answers
- Exam (elaborations) • 23 pages • 2024
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WGU C211 Global Economics Exam (2024) || All Questions & 100% Verified Answers 
WGU C211 Global Economics Exam (2024) || All Questions & 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? - ANSWER - The price will increase. 
 
Which of the following is a consequence of a 
country imposing a tariff on imported goods? - ANSWER - The demand for foreign prod...
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WGU C211 Global Economics for Manager Exam 20242025 Update
- Exam (elaborations) • 28 pages • 2024
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1.	Views on Globalization 
ANS New, Evolutionary, and Pendulum 
2.	"New" view on globalization 
ANS A force sweeping through the world in recent times. 
3.	"Evolutionary" view on globalization 
ANS A long-run historical evolution since the dawn of human history 
4.	"Pendulum" view on globalization 
ANS One that swings from one extreme to anoth- er from time to time 
5.	Foreign Direct Investment 
ANS Direct investment in, control, and management of value-added activities in other countries ...
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wgu c211 global economics exam questions with 100% correct answers 2024
- Exam (elaborations) • 15 pages • 2024
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wgu c211 global economics exam questions 
with 100% correct answers 2024 
which view claims that the phenomenon of globalization was initially driven by the 
Western economies to exploit their Powers through Multinational Enterprises - 
ANSWERS "New" force view 
economic gaines from international trade because one countries exported Goods, 
services or other items are unique, valuable and difficult to duplicate to the important 
countries. which view does this statement portray? - ANSWERS ...
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WGU C211 Global Economics for Managers Test Bank |300+ Questions and Verified Answers| 100% Correct (Latest 2023/ 2024)
- Exam (elaborations) • 58 pages • 2023
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WGU C211 Global Economics for Managers Test Bank |300+ Questions and Verified Answers| 100% Correct (Latest 2023/ 2024) 
 
Q: Economic profit is distinct from accounting profit because: 
 
 
Answer: 
 Economic profit incorporates both explicit and implicit costs. 
 
 
Q: Total costs include: 
 
 
Answer: 
 Variable costs plus fixed costs. 
 
 
Q: Marginal costs consider: 
 
 
Answer: 
 The increase in total cost arising from an extra unit of production. 
 
 
Q: What response...
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WGU C211 Global Economics for Managers Complete Vocabulary| Questions and Verified Answers| 100% Correct (Latest 2023/ 2024)
- Exam (elaborations) • 63 pages • 2023
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WGU C211 Global Economics for Managers Complete Vocabulary| Questions and Verified Answers| 100% Correct (Latest 2023/ 2024) 
 
Q: What is resource similarity and how does this impact competitive dynamics? 
 
 
Answer: 
companies with high resource similarity and low market commonality will find themselves in regular adversarial interactions. 
 
 
 
Q: What is Classical Theory of International Trade 
 
 
Answer: 
Mercantilism: A zero-sum game theory that argues countries get richer when they sel...
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WGU C211 Global Economics for Managers Exam Questions and Answers Latest Update
- Exam (elaborations) • 16 pages • 2023
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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 investment in, control, and management of 
value-added activities in other countries...
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WGU C211 OA Global Economics Exam /C211 Global Economics FINAL EXAM 2023-2024 Verified Answers
- Exam (elaborations) • 29 pages • 2023
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WGU C211 OA Global Economics Exam /C211 Global Economics FINAL EXAM 2023-2024 Verified Answers
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WGU C211 Global Econ Study Guide & Cohort Questions and Answers (2023/2024) (Verified Answers)
- Exam (elaborations) • 19 pages • 2023
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WGU C211 Global Econ Study Guide & Cohort Questions and Answers (2023/2024) (Verified Answers)
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WGU C211 Global Economics for Managers Complete Terms| Questions and Verified Answers| 100% Correct (New 2023/ 2024 Update)
- Exam (elaborations) • 70 pages • 2023
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WGU C211 Global Economics for Managers 
Complete Terms| Questions and Verified 
Answers| 100% Correct (New 2023/ 2024 Update) 
 
QUESTION 
 
What is Scenario Planning 
 
 
Answer: 
A technique to prepare and plan for multiple scenarios (either high or low risk). 
 
 
 
QUESTION 
What is Semi-globalization 
 
 
Answer: 
A perspective that suggests that barriers to market integration at borders are high, but not high 
enough to insulate countries from each other completely. 
 
 
 
QUESTION 
...
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WGU C211 Global Economics for Managers Questions and Answers Latest
- Exam (elaborations) • 60 pages • 2024
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WGU C211 Global Economics for Managers Questions and Answers Latest
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