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WGU C211 OA Quizzes Questions and Answers/ 100% Correct/ A+ Graded (2023/2024) The term "emerging economies" has replaced the term _____. Developing countries The gross domestic product plus the income from non-resident sources abroad gives the ____. gross national product More than 25% of global GDP comes from _____. BRICS countries Viewing the global economy as a pyramid, the Triad refers to _____. North America, Western Europe, and Japan People who earn _____ a year...

C211 Global Economics Final Exam Latest Study guide 2023/2024 Top Examinable Questions (Guaranteed A+) 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 i...

WGU C211 Pre-Assessment Exam latest update 2023/2024 Which view claims that the phenomenon of globalization was initially driven by the desire of Western economies to exploit their power through multinational enterprise? 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 the importing countries. Which view does this statement portray? Resource-based view W...

WGU C211 Exam Latest 2023/2024 Questions and Correct Answers (Actual Exam) Verified Answers Graded 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? 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 ...

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...

Global Economics, WGU C211|Latest Update Graded A+ Base of they Pyramid The bottom of the economic pyramid. The vast majority of humanity, about four billion people, lives at the base of this pyramid making less than $2,000 a year. Emerging Economies Developing countries that over the past two or three decades have begun to develop a strong industrial base, such as Singapore and Hong Kong. Also called emerging markets They account for about half of the worlds GDP Gross Dome...

{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 Exam Questions and Answers Rated A+ Latest 2023/2024 **What Political views exist on Foreign Direct Investment (FDI)** **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 Resou...

C211 OA Exam Questions and Answers Rated A+ Latest 2023/2024 (100% Correct Answers) view that claims phenomenon of globalization was initially driven by the desire of Western economies to exploit their power through MNE's new view that claims globalization is a long-run historical evolution since the dawn of humanity. Says it is nothing new and that it will always exist evolutionary view that claims globalization is swinging from one extreme to another from time to time pendulum ...

WGU C211 Study Guide Questions and Answers Rated A+ Latest 2023/2024 Views of globalization (Chp 1.4) 1. It's a new phenomenom, starting in the late 20th century. 2. It's a long term part of human history. 3. Neither recent nor one directional, it's a pendulum that swings back and forth. Strategic goal = Natural resource—seeking Location specific advantage = Possession of natural resources and related transport and communication infrastructure Strategic goal = Market-seeking ...