WGU C211 Pre-Assessment 2024

WGU C211 Pre-Assessment 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? - answer-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? - answer-Resource-based view What is the aggregation of importing and exporting that leads to the country-level trade surplus or deficit? - answer-Balance of trade What is a cost of foreign direct investment? - answer-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? - answerSustained comparative advantage Which theory states that patterns of international trade change across new, maturing, and standardized states? - answer-Product life cycle theory