Student
Examination paper
“Come all for this greatness”
...100% Correct Ans...
WGU C211- Global Economics for Managers Assignment semester 2
Which view claims that the phenomenon of globalization was initially driven by the desire
of Western economies to exploit their power through multinational enterprises?
ans>>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
ans>>Resource-based view
What is the aggregation of importing and exporting that leads to the country-level trade
surplus or deficit?
ans>>Balance of Trade
What is a cost of foreign direct investment?
ans>>Developing countries may be exploited by multinational enterprises (MNE)
Which type of managerial capability is both challenging and difficult to imitate?
ans>>Intangible capability
What may precious, rare and hard to duplicate resources and capabilities lead to for a firm?
ans>>Sustained comparative advantage
Which theory of international trade states that poor countries often experience faster rates
of economic growth compared to wealthy countries?
, ans>>The catch-up effect
What is the financial environment in which exchange rates and payments for goods and
services are conducted?
ans>>Commodity Exchange
What happens to a country's real exchange rates and nominal interest rate as the price level
increases, assuming all other factors are unchanged?
ans>>Exchange rates depreciate, interest rates increase
What is the easiest method non-financial companies use to handle currency fluctuations?
ans>>Commodity Trading
Which strategy minimizes the risk for unanticipated changes in future exchange rates?
ans>>Currency Swap
A company is looking for a location with an abundance of ground breaking individuals,
firms and universities. Which type of strategic goal is this company demonstrating?
ans>>Innovation-seeking
What advantage comes with not sharing benefits with late entrants?
ans>>First-mover advantage
Which entry mode is a non-equity arrangement for a company contemplating entry into a
foreign market?
ans>>Licensing
What size commitment is required for a non-equity mode of entry into a foreign market?
ans>>Small commitment
What are two supportive pillars for an informal institution?
ans>>Normative and Cognitive
What is the key role of an institution, according to the institution-based view?
ans>>To reduce uncertainty
Examination paper
“Come all for this greatness”
...100% Correct Ans...
WGU C211- Global Economics for Managers Assignment semester 2
Which view claims that the phenomenon of globalization was initially driven by the desire
of Western economies to exploit their power through multinational enterprises?
ans>>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
ans>>Resource-based view
What is the aggregation of importing and exporting that leads to the country-level trade
surplus or deficit?
ans>>Balance of Trade
What is a cost of foreign direct investment?
ans>>Developing countries may be exploited by multinational enterprises (MNE)
Which type of managerial capability is both challenging and difficult to imitate?
ans>>Intangible capability
What may precious, rare and hard to duplicate resources and capabilities lead to for a firm?
ans>>Sustained comparative advantage
Which theory of international trade states that poor countries often experience faster rates
of economic growth compared to wealthy countries?
, ans>>The catch-up effect
What is the financial environment in which exchange rates and payments for goods and
services are conducted?
ans>>Commodity Exchange
What happens to a country's real exchange rates and nominal interest rate as the price level
increases, assuming all other factors are unchanged?
ans>>Exchange rates depreciate, interest rates increase
What is the easiest method non-financial companies use to handle currency fluctuations?
ans>>Commodity Trading
Which strategy minimizes the risk for unanticipated changes in future exchange rates?
ans>>Currency Swap
A company is looking for a location with an abundance of ground breaking individuals,
firms and universities. Which type of strategic goal is this company demonstrating?
ans>>Innovation-seeking
What advantage comes with not sharing benefits with late entrants?
ans>>First-mover advantage
Which entry mode is a non-equity arrangement for a company contemplating entry into a
foreign market?
ans>>Licensing
What size commitment is required for a non-equity mode of entry into a foreign market?
ans>>Small commitment
What are two supportive pillars for an informal institution?
ans>>Normative and Cognitive
What is the key role of an institution, according to the institution-based view?
ans>>To reduce uncertainty
