WGU C211 PRE-ASSESSMENT: GLOBAL
ECONOMICS FOR MANAGERS (UZC2)
QUESTIONS AND CORRECT ANSWERS
ONLY | 2026 UPDATE|| EXAM PREP
, Which view claims that the phenomenon of globalization was initially driven by the
desire of Western economies to exploit their power through multinational enterprises? -
CORRECTANSWERs 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 -CORRECTANSWERs Resource-based view
What is the aggregation of importing and exporting that leads to the country-level trade
surplus or deficit? -CORRECTANSWERs Balance of trade
What is a cost of foreign direct investment? -CORRECTANSWERs Developing
countries may be exploited by multinational enterprises (MNE).
What may precious, rare, and hard-to-duplicate resources and capabilities lead to for a
firm? -CORRECTANSWERs Sustained comparative advantage
Which theory states that patterns of international trade change across new, maturing,
and standardized stages? -CORRECTANSWERs Product life cycle theory
What is the financial environment in which exchange rates and payments for goods and
services are conducted? -CORRECTANSWERs International monetary system
ECONOMICS FOR MANAGERS (UZC2)
QUESTIONS AND CORRECT ANSWERS
ONLY | 2026 UPDATE|| EXAM PREP
, Which view claims that the phenomenon of globalization was initially driven by the
desire of Western economies to exploit their power through multinational enterprises? -
CORRECTANSWERs 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 -CORRECTANSWERs Resource-based view
What is the aggregation of importing and exporting that leads to the country-level trade
surplus or deficit? -CORRECTANSWERs Balance of trade
What is a cost of foreign direct investment? -CORRECTANSWERs Developing
countries may be exploited by multinational enterprises (MNE).
What may precious, rare, and hard-to-duplicate resources and capabilities lead to for a
firm? -CORRECTANSWERs Sustained comparative advantage
Which theory states that patterns of international trade change across new, maturing,
and standardized stages? -CORRECTANSWERs Product life cycle theory
What is the financial environment in which exchange rates and payments for goods and
services are conducted? -CORRECTANSWERs International monetary system
