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wgu c211 global economics

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wgu c211 global economics which view claims that the phenomenon of globalization was initially driven by the Western economies to exploit their Powers through Multinational Enterprises - CORRECT 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? - CORRECT ANSWERS resourcebased View what is the...

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wgu c211 global economics

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wgu c211 global economics which view claims that the phenomenon of globalization was initially driven by the Western economies to exploit their Powers through Multinational Enterprises - CORRECT 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? - CORRECT ANSWERS resourcebased View what is the...

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WGU - C211 Global Economics for Managers

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WGU - C211 Global Economics for Managers Explain the New, Evolutionary, and Pendulum views of Globalization. How do these differ from one another? - CORRECT ANSWERS New globalization is a new force sweeping through the world in recent times. Pendulum globalization is a pendulum that swings from one extreme to the the other from time to time. Evolutionary globalization is a long historical evolution since the dawn of human history. What is Foreign Direct Investment? - CORRECT ANSWERS ...

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WGU C211 Global Economics

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WGU C211 Global Economics 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? - CORRECT ANSWERS The price will increase. Which of the following is a consequence of a country imposing a tariff on imported goods? - CORRECT ANSWERS The demand for foreign produced goods decreases. Suppose that the United States imposes a tariff on salt. What impact might this tariff have o...

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WGU C211 - Global Economics for Managers

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WGU C211 - Global Economics for Managers ***What Political views exist on Foreign Direct Investment (FDI)*** - CORRECT ANSWERS ***answer includes radicalism*** Radical View - Hostile to foreign direct investment (FD) Free Market View - Suggests foreign direct investment (FDI) unrestricted by government intervention is the best. Pragmatic Nationalism - Only approves foreign direct investment (FDI) when its benefits outweigh its costs. ***What is Resource similarity*** - CORRECT ANSWE...

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WGU - MBA - C211 - Global Economics for Managers

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WGU - MBA - C211 - Global Economics for Managers Base of the pyramid (BOP) - CORRECT ANSWERS Economies where people make less than $2,000 per capita per year. BRICA - CORRECT ANSWERS Brazil, Russia, India, and China. Emerging economies - CORRECT ANSWERS term that has gradually replaced the term "developing countries" since the 1990s. Emerging markets - CORRECT ANSWERS A term that is often used interchangeably with "emerging economies." Expatriate manager - CORRECT ANSWERS A mana...

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WGU C211 Global Economics Terms

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WGU C211 Global Economics Terms Foreign Direct Investment (FDI) - CORRECT ANSWERS Investment in, controlling, and managing value-added activities in other countries. Mercantilism/Theory of Mercantilism - CORRECT ANSWERS 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 - CORRECT ANSWERS Government policy that provides companies a strategic advantage in international trade through sub...

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WGU C211 Global Economics for Managers

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WGU C211 Global Economics for Managers Which two phrases represent the views of globalization? Choose two answers. - CORRECT ANSWERS - A pendulum that swings from one extreme to another. - A competition among key financial centers and markets. What are two trade barriers? - CORRECT ANSWERS - Nontariffs - Tarriffs What is the effect of tariff on a particular product for the country imposing the tariff? - CORRECT ANSWERS Increases domestic production of the product. Which benefits come t...

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C211: Global Economics for Managers (WGU) Cengage Text

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C211: Global Economics for Managers (WGU) Cengage Text Globalization - CORRECT ANSWERS The close integration of countries and peoples of the world. Purchasing Power Parity (PPP) - CORRECT ANSWERS A conversion that determines the equivalent amount of goods and services that different currencies can purchase. Scenario Planning - CORRECT ANSWERS A technique to prepare and plan for multiple scenarios (either high or low risk). Risk management - CORRECT ANSWERS The identification and asse...

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WGU - MBA - C211 - Global Economics for Managers

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WGU - MBA - C211 - Global Economics for Managers Base of the pyramid (BOP) - CORRECT ANSWERS Economies where people make less than $2,000 per capita per year. BRICA - CORRECT ANSWERS Brazil, Russia, India, and China. Emerging economies - CORRECT ANSWERS term that has gradually replaced the term "developing countries" since the 1990s. Emerging markets - CORRECT ANSWERS A term that is often used interchangeably with "emerging economies." Expatriate manager - CORRECT ANSWERS A mana...

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