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WGUC211 Global Economics for Managers 2024 Update

Global Economics for Managers WGUC211. ( Exam Review questions and answers, 100% Accurate)

Explain the New, Evolutionary, and Pendulum views of Globalization. How do these differ from one another? - -New- a new force sweeping through the world in recent times. Evolutionary- a long-run historical evolution since the dawn of human history. Historians are debating whether globalization started 2,000 or 8,000 years ago. The earliest traces of MNEs have been discovered in Assyrian, Phoenician, and Roman times. Pendulum- a pendulum that swings from one extreme to another from time to t...

WGU C211/WGUC211 Global Economics for Managers Exam (latest-) Verified answers

WGUC211 Global Economics for Managers Questions and Answers (2024/2025) (Verified Answers)

What is Foreign Direct Investment? - direct investment in, control over, and management of value-added activities in other countries A production function expresses the relationship between: - Quantity of resource inputs and product/service outputs. Which statement is true about productivity? - The value of the marginal product of labor equals wage in a competitive firm. quantity demanded vs. demand - Quantity demanded is the amount consumers are able and willing to purchase at each speci...

Which view claims that the phenomenon of globalization was initially driven by the desire of Western economies to exploit their power through multinational enterprises? - The new force view Economic gains come from international trade because one country's exported goods, services or other items are unique, valuable, and difficult to duplicate to importing country - Resource-based view What is the aggregation of importing and exporting that leads to the country-level trade surplus or def...

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WGU C211 Global Economics for Managers Exam Questions and Answers Latest (2023 / 2024) (Verified Answers)

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