Study Guide & Quizzes: WGU C211 Global Economics for Managers – Comprehensive Review | VRIO & Global Business Perspectives

23446789 89 8 7

2 7 48  


 7  !
"#$ 7
 !
%
7& ' 
2
7$4()(*(44+

,-7
9 .
7 7/$ $ 7# 0$
!
!8  
9 7
(/7 .
 0$
1
23 8$ 
 9 /&3+459 87
6 789:;<=:>?;@A9; ;BCDD:BB;89;E>AFC9:;GAHI:B;8H;CHAJC:K;L>FC>MF:
;A
HN:9H>F;9:B8C9D:B;>H=;D>O>MAFANA:B;PQR<STU
6 @8DCB?;VG>N;NG:;EA9;;D>H;=8;=:N:9;AH:B;ANB;D8;O:NANAL:;>=L>HN>I:U
6 WF8M>F ;XCBAH:BB ;<;OFAD>NA8H? ;YCO:9A89 ;AHN:9H>F ;BN9:HINGB
;PN:DGH8F8IZK;M9>H=K;B[AFFBT;:H>MF:;AHN:9H>NA8H>F;BCDD:BBU;\G:;F>D[
;8E ;NG:B:;GAH=:9B;ANU
] ^_>;OF:
6 78;O>HZ?;Y>;BCHI
6 R:B8C9D:7̀>O>MAFANZ? ;\G:A9 ;BN98HI ;Rab ;P9:B:>9DG ;>H=
;=:L:F 8O;:HNT;D>O>MAFANA:B;>H=;O>N:HN;O89NE8FA8;AH;>=L>HD:=
;=ABOF>Z ;N:DGH8F8IZ ;>H= ;B:;AD8H=CDN89;;>HCE>DNC9AHI ;>9:
;CHA JC:;>H=;L>FC>MF:U
6 WF8M>F;YCDD:BB?;\GAB;>FF8cB;NG:;;N8;O98=CD:;GAIGdJC>FANZK
;A
HH8L>NAL:;B;>9NOG8H:B;>H=;8NG:9;:F:DN98HADB;NG>N;>9:
;D8;O:N ANAL:;AH;;>9[:NB;c89F=cA=:U;\G:A9;AHN:9H>F;N:DGH8F8IZ
;=9AL:B;NG:A9;IF8M>F;;>9[:N;O8BANA8HU
257787
 9 /4879 
e789:;<=:>?;@A9;;BCDD:BB;89;E>AFC9:;=:O:H=B;8H;>=>ONAHI;N8
;E89;>F;PF>cBK;9:ICF>NA8HBT;>H=;AHE89;>F;PDCFNC9:K;H89;BT;:_N:9H>F
;9CF:BU
e@8DCB?;\G:;:_N:9H>F;:HLA98H;:HN;BG>O:B;8OO89NCHANA:B;>H=;D8HBN9>AHNBU
eWF8M>F;XCBAH:BB;<;OFAD>NA8H?;fH=:9BN>H=AHI;>H=;H>LAI>NAHI;G8BN
;D8CHN 9Z;AHBNANCNA8HB;PF:I>FK;DCFNC9>FT;AB;D9CDA>F;E89;BCDD:BBU;<IH89AHI
;NG:;;F:>=B;N8;E>AFC9:U
] ^_>;OF:
6 78;O>HZ?;fM:9U
6 <HBNANCNA8H>F;@>DN89?;R:ICF>NA8HB;9:I>9=AHI;N9>HBO89N>NA8H;B:9LAD:B
;L>9 Z;BAIHAEAD>HNFZ;>D98BB;DANA:B;>H=;D8CHN9A:BU
6 WF8M>F;g=>ON>NA8H?;fM:9hB;BCDD:BB;AH;H:c;;>9[:NB;8EN:H;=:O:H=B
;8H;A NB;>MAFANZ;N8;H>LAI>N:;>H=;>=>ON;N8;F8D>F;N9>HBO89N>NA8H;F>cBK
;F
AD:HBAHI;9:JCA9:;:HNBK;>H=;F>M89;9:ICF>NA8HBU;<H;B8;:;D>B:BK;NGAB
;G>B;A HL8FL:=;BAIHAEAD>HN;H:I8NA>NA8H;>H=;DG>HI:B;N8;NG:A9;MCBAH:BB
;;8=:F ;N8;I>AH;F:I>F;>DD:ON>HD:U;\G:A9;E>AFC9:;N8;>=>ON;N8;F8D>F

,23456789 1 7 163181 387 19132879117238
1

,134567897 585687587647647897 7 58568






!"#!$%&!


'()


!!$*

(
&!)
+!,,%!!
#!-(%+.
/701!'%2)%
3)


!
&!&!
#

'!
-!
#)
!&
)(
+!

!
#!&$
+
!#)%!!
#!
-



#!$

*(4!-

#!5&
(
!$*

(
&!)
+!-)&!
)2%+
!24!
$#
%'
$)%!)+6)
$&7!)
+!89:;!)!-)4!
!<,%

!
#(!+6%,

'
!$*

(
&.
7=  >?748968157 ?68!'%2)%
3)


!#)&!2
!-

#!#*!)
&
!6( !&

$!#*!)
!#
&
(4!2')
!)
+!#)&!2
!@*&
!'(-

'!-

#!
#
!,,*% )



AB??7 !'%2)%
3)


!#)&!2
!-

#!#*!)
&!6(!&

$!#*!)
!#
&
(4
!2')
!)
+!#)&!2
!@ *&
!'(-

'!-

#!
#!,,*%)


!C!()%

4
134567897DEF734567574 8 6575B768157DEF






!G(
'
!+
($
!

6&
!

7!
&!

6&


'!

7!$

(%%

'7!)
+
!!)
)'

'!6)%*H)+++!)$

6


&!

!
#(!$*

(
&
I 8 65J7$$*(&!-#
!)!$!,)
4!

6&
&!

!
#!&)!!2*&

&&
!,( )


&!

!)!(
'
!$*

(4!)&!

!

&!#!!$*

(4.!K
L&!)2*

!(,%
$)


'!
#!+!&

$!2*&

&&!!+%!

!)!
-!


(
)


)%!!)(M
.
!NON!H!P<,)
+

'!''(),#
$)%%4
QP<)!,%!N!R.S.!2)&+!$!&#,!$#)

!%
M!S
)(2*$M&
!,


'!
-!$!&#,&!

!
#!R


+!O

'+!!
&!)

!<)!,% !!#(
3

)%!GK.
Q"#4!,((!!
#!&)!!$(!2*&

&&!)$

6

4!T&%%

'!$!)
+
!(%)
+!,(+*$
&U!

!)!
-!''(),#
$!!)(M
.
V W6815 !$$*(&!-#
!)!$!,)
4!

6&
&!

!)!(
'
!$!,)
4!
#)
!
&
!,)(
!!

&!&*,,%4!$#)

.
X "#
&!!)
&!
#!(
'
!$!,)
4!!
'#
!&*,,%4!()-!!)
(
)%&!(
!$!,


&!
!
#!

6&


'!$!,)
4!T2)$M-)(+!6(

$)%!GKU!(
!2!)!+
&
(
2*
(!(!(
)
%(!!
#!

6&


'!$!,)
4L&!,(+*$
&
!T(-)(+!6(

$)%!GKU.
X NON!H!


'()


'!+
(

!&
)'&!!
#!,(+*$


!(!+
&
(
2*



!,($&&!)$(&&!2(+(&.
Y P<)!,%!!2)$M-)(+!N!R.S.!$)(!!)
*)$
*((!)$Z*
(

'!)
!&
%!,(+*$


!$!,)
4!

![()3
%!
!
&*(!)!$
&
&



!)
+!,



)%%4!%-(H$&
!&
%!&*,,%4!(!

&!$)(
!,(+*$


.
Y P<)!,%!!(-)(+!N!\),)
&!%$
(

$&!$!,)
4!%
M
!S
4!&
)2%
&#+!

&!-
!

-(M!!(
)
%!&
(&!


!K
+
)!
!&%%!

&!
%6
&

&!)
+!
#(!,(+*$
&!+
($
%4!

!$
&*!( &.

, 13456789764 7 75565 758788757 5777 54



!"#$%&'( )*+ ,- #%'&!( ,*--(! ./
0
(%!( ./
*%##!'( )*!' % 1&2 *%(
3 4 94875 677565 989'&:;! &'!2'%$(2!'<*(=!0<0>
!,*'-$-<+>?2%'@A*%%$$-) &- ,- #!! ?!!2*%' $-,%$1&2 (
%?2-%@ B C-'2-$
3 56875677565 98D!'!1&( -1-#!2%&'< &' % (#!,&1&,
1-2!&<' ,-;'2+=!0<0>2!(-;2,!(>$-)!2,-((> %2E!%,,!((AB
;'&:;! 1!%;2!( -1*%#$%,!
3
658F56875677565 98D!'!1&( -1*%'@$&'< -#!2%&-'(
&(!$12%*!2*%' ;(&'< !"!2'%$ !*-@( $&E! !"#-2&'< -2
$&,!'(&'< =!0<0>#2-!,&'< E'-)$!@<!>,-'2-$$&'< :;%$&+AB
2!#$%,! !'-1!"#-2&'< %'@ &#-2&'<
1345675764 764 78685784977GH75586

I5857848J!2+ *-(&$! - ./
>*!+ KLMNO$&E! ./
>%'@ *!+ *&'E
OPQONR % )%+ -1!"#$-&%&-'

G 775S 67848&(*! -##-(&!T*!+ $&E! ./
>%'@ *!+ )%'$!((
<-J!2' !'&'!2J!'&-'

U57568756858977848)*&,* (%!(*%!%,* <-J!2' !')&$$
)!&<* *! ,-(( %'@ *! ?!'!1&( -1./
>%'@ &1*! ?!'!1&( -;)!&<*
*! ,-((>*!' *! <-J!2' !')&$$%$$-) &0
3D!'!1&(8,%#&%$&'1$-)>V-? ,2!%&-'>%'@
!,*'-$-<&,%$W %'%<! !'&'1-2 %&-' *%)! ,%' $!%2' 12-
*! 1-2!&<' 1&2 (
3C-((8$-((-1(-J!2!&<'+>,- #!&&-'>%'@ ,%#&%$-;1$-)
1X-(( -1(-J!2!&<'+ !%'(>)*!' % ,-;'2+ $-(!( &( %?&$&+
- 1;$$+ ,-'2-$&( -)' %11%&2( %'@ %E! &( -)' @!,&(&-'(
)&*-;-;(&@! &'!21!2!',!
1Y5875Z[7Y775\67 8 7679 7869775]56]875678
7 487577 786767^ 8

134847]6\789764 74967574484789764 747 

_*! 9'&!@ `%!( &( *! *- ! ,-;'2+ @;! - C%22&!2?!&'< %'
a !2&,%' ,- #%'+ )&* &( *!%@:;%2!2( b %';1%,;2&'< #$%'
&' c*&-

d!"&,- &( *! *-(,-;'2+ @;! - C%22&!2 -J&'< &( %';1%,;2&'<
#$%'%'@ %E&'< % 1-2!&<' @&2!,&'J!( !'&' d!"&,-
1345675764 7969757e  86977GH76764 747 7]6\

Y969f
3g-? $-((!(8$-((-1 %';1%,;2&'< V-?( &' c*&- $!%@(-
;'! #$-+ !'>2!@;,!@ $-,%$!,-'- &, %,&J&+>%'@ (-,&%$
@&(2;#&-'( &' *! %11!,!@ ,- ;'&&!(
3h!@;,!@ !"#-2(8*! ,$-(;2! ,-;$@ $!%@ - @!,2!%(!@ 9` !"#-2(
3i,-'- &, &#%,-' $-,%$(;##$&!2(8$-,%$(;##$&!2( %'@ (!2J&,!2(
- *! c*&- #$%'(;11!212- 2!@;,!@ ?;(&'!((