WGU C211 GLOBAL ECONOMICS FOR MANAGERS PRE-ASSESSMENT VERIFIED EXAM CURRENTLY TESTING 2025
WITH COMPLETE SOLUTIONS |GUARANTEED A
1.
Which view claims that the phenomenon of globalization was initially driven by the desire of Western
economies to exploit their power through multinational enterprises?
YOUR CORRECT
ANSWER ANSWER
The long-run historical view
The new-force view
The pendulum view
The balanced surplus-deficit view
2.
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?
YOUR CORRECT
ANSWER ANSWER
City-based view
Country-based view
Resource-based view
Institution-based view
3.
,What is the aggregation of importing and exporting that leads to the country-level trade surplus or deficit?
YOUR CORRECT
ANSWER ANSWER
Loss
Profit
Revenue
Balance of trade
4.
What is a cost of foreign direct investment?
YOUR CORRECT
ANSWER ANSWER
Developing countries may be exploited by multinational enterprises (MNE).
Human rights firms may help the labor force in host countries with multinational
enterprise (MNE) influence.
Host countries welcome political interference by multinational enterprises
(MNE) when things are not in favor of the foreign company.
Local governments in host countries may promote corporate social
responsibilities on behalf of multinational enterprises (MNEs).
5.
What may precious, rare, and hard-to-duplicate resources and capabilities lead to for a firm?
YOUR CORRECT
ANSWER ANSWER
Sustained leverage
Sustained influence
, YOUR CORRECT
ANSWER ANSWER
Sustained competitive disadvantage
Sustained comparative advantage
6.
Which theory states that patterns of international trade change across new, maturing, and standardized
stages?
YOUR CORRECT
ANSWER ANSWER
Product life cycle theory
Strategic trade theory
Factor endowment theory
Sustainability theory
7.
What is the financial environment in which exchange rates and payments for goods and services are
conducted?
YOUR CORRECT
ANSWER ANSWER
International monetary system
Stock exchange
Commodity exchange
Intercontinental exchange
8.
What happens to a country's real exchange rate and nominal interest rate as the price level increases,
assuming all other factors are unchanged?
WITH COMPLETE SOLUTIONS |GUARANTEED A
1.
Which view claims that the phenomenon of globalization was initially driven by the desire of Western
economies to exploit their power through multinational enterprises?
YOUR CORRECT
ANSWER ANSWER
The long-run historical view
The new-force view
The pendulum view
The balanced surplus-deficit view
2.
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?
YOUR CORRECT
ANSWER ANSWER
City-based view
Country-based view
Resource-based view
Institution-based view
3.
,What is the aggregation of importing and exporting that leads to the country-level trade surplus or deficit?
YOUR CORRECT
ANSWER ANSWER
Loss
Profit
Revenue
Balance of trade
4.
What is a cost of foreign direct investment?
YOUR CORRECT
ANSWER ANSWER
Developing countries may be exploited by multinational enterprises (MNE).
Human rights firms may help the labor force in host countries with multinational
enterprise (MNE) influence.
Host countries welcome political interference by multinational enterprises
(MNE) when things are not in favor of the foreign company.
Local governments in host countries may promote corporate social
responsibilities on behalf of multinational enterprises (MNEs).
5.
What may precious, rare, and hard-to-duplicate resources and capabilities lead to for a firm?
YOUR CORRECT
ANSWER ANSWER
Sustained leverage
Sustained influence
, YOUR CORRECT
ANSWER ANSWER
Sustained competitive disadvantage
Sustained comparative advantage
6.
Which theory states that patterns of international trade change across new, maturing, and standardized
stages?
YOUR CORRECT
ANSWER ANSWER
Product life cycle theory
Strategic trade theory
Factor endowment theory
Sustainability theory
7.
What is the financial environment in which exchange rates and payments for goods and services are
conducted?
YOUR CORRECT
ANSWER ANSWER
International monetary system
Stock exchange
Commodity exchange
Intercontinental exchange
8.
What happens to a country's real exchange rate and nominal interest rate as the price level increases,
assuming all other factors are unchanged?
