9/9/25, 4:28 AM C211 Second OA quizzes EXAM Questions & Answers | Latest Already Graded A+ UPDATE 2025|2026 Flashcards | Quizlet
C211 Second OA quizzes EXAM Questions &
Answers | Latest Already Graded A+ UPDATE
2025|2026
Save
Terms in this set (209)
The term "emerging Developing countries
economies" has replaced
the term _____.
The gross domestic gross national product
product plus the income
from non-resident sources
abroad gives the ____.
More than 25% of global BRICS countries
GDP comes from _____.
Viewing the global North America, Western Europe, and Japan
economy as a pyramid,
the Triad refers to _____.
People who earn _____ a less than $2,000
year comprise the base of
the global economic
pyramid.
Which of the following Lowering prices and features of existing products to
would be an example of a meet emerging market needs
top down innovation?
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,9/9/25, 4:28 AM C211 Second OA quizzes EXAM Questions & Answers | Latest Already Graded A+ UPDATE 2025|2026 Flashcards | Quizlet
Which of the following is It only has 19 member countries.
true of the Group of 20
(G-20)?
Which of the following Understanding the laws and values of the firm's host
does the institution-based nation.
view of global business
lay emphasis on?
The resource-based view focuses on the internal strengths on the firm
of global business differs
from the institution-based
view of global business in
that the resource-based
view _____.
The liability of foreignness foreign firms in host nations due to their non-native
is the inherent status
disadvantage faced by
_____.
Which of the following is It is a western ideology focused on exploiting and
true of globalization dominating the world through MNEs
according to the "new
force" perspective?
The concept of _____ Semiglobalization
suggests that barriers to
market integration at
borders are high, but not
high enough to
completely insulate
countries from each other.
The strategy of treating Localization
each country as a unique
market and in total
isolation is referred to as
_____.
https://quizlet.com/1073507218/c211-second-oa-quizzes-exam-questions-answers-latest-already-graded-a-update-20252026-flash-cards/?new 2/36
,9/9/25, 4:28 AM C211 Second OA quizzes EXAM Questions & Answers | Latest Already Graded A+ UPDATE 2025|2026 Flashcards | Quizlet
MNEs from the Triad Shrinking
dominate the list of the
500 largest MNEs; their
share has been _____.
A conversion that purchasing power parity
determines the equivalent
amount of goods and
services that different
currencies can buy is
known as _____.
Which of the following Brazil
countries would be
characterized as an
emerging economy?
Which of the following Japan
countries is represented in
the Triad of the global
economic pyramid?
People who earn _____ a less than $2,000
year comprise the base of
the global economic
pyramid.
A _____ is defined as an reverse innovation
innovation that is adopted
first in emerging
economies and then
diffused around the world.
The _____ view suggests institution-based
that the success and
failure of firms are largely
determined by their
environments.
https://quizlet.com/1073507218/c211-second-oa-quizzes-exam-questions-answers-latest-already-graded-a-update-20252026-flash-cards/?new 3/36
, 9/9/25, 4:28 AM C211 Second OA quizzes EXAM Questions & Answers | Latest Already Graded A+ UPDATE 2025|2026 Flashcards | Quizlet
The _____ view of global resource-based
business focuses on
internal factors that can
help a firm overcome its
external environment.
Which of the following is Globalization is a not a one-directional phenomenon
true of globalization
according to the
"pendulum view"
perspective?
The concept of _____ semiglobalization
suggests that barriers to
market integration at
borders are high, but not
high enough to
completely insulate
countries from each other.
_____ is the strategy of Standardization
treating the entire world
as one market.
Protectionism is similar to government involvement in international trade
mercantilism as they both
advocated _____.
The _____ principle Protectionism
advocated that
governments should
actively protect domestic
industries from imports
and vigorously promote
exports.
Which of the following is a National competitive advantage
modern trade theory?
https://quizlet.com/1073507218/c211-second-oa-quizzes-exam-questions-answers-latest-already-graded-a-update-20252026-flash-cards/?new 4/36
C211 Second OA quizzes EXAM Questions &
Answers | Latest Already Graded A+ UPDATE
2025|2026
Save
Terms in this set (209)
The term "emerging Developing countries
economies" has replaced
the term _____.
The gross domestic gross national product
product plus the income
from non-resident sources
abroad gives the ____.
More than 25% of global BRICS countries
GDP comes from _____.
Viewing the global North America, Western Europe, and Japan
economy as a pyramid,
the Triad refers to _____.
People who earn _____ a less than $2,000
year comprise the base of
the global economic
pyramid.
Which of the following Lowering prices and features of existing products to
would be an example of a meet emerging market needs
top down innovation?
https://quizlet.com/1073507218/c211-second-oa-quizzes-exam-questions-answers-latest-already-graded-a-update-20252026-flash-cards/?new 1/36
,9/9/25, 4:28 AM C211 Second OA quizzes EXAM Questions & Answers | Latest Already Graded A+ UPDATE 2025|2026 Flashcards | Quizlet
Which of the following is It only has 19 member countries.
true of the Group of 20
(G-20)?
Which of the following Understanding the laws and values of the firm's host
does the institution-based nation.
view of global business
lay emphasis on?
The resource-based view focuses on the internal strengths on the firm
of global business differs
from the institution-based
view of global business in
that the resource-based
view _____.
The liability of foreignness foreign firms in host nations due to their non-native
is the inherent status
disadvantage faced by
_____.
Which of the following is It is a western ideology focused on exploiting and
true of globalization dominating the world through MNEs
according to the "new
force" perspective?
The concept of _____ Semiglobalization
suggests that barriers to
market integration at
borders are high, but not
high enough to
completely insulate
countries from each other.
The strategy of treating Localization
each country as a unique
market and in total
isolation is referred to as
_____.
https://quizlet.com/1073507218/c211-second-oa-quizzes-exam-questions-answers-latest-already-graded-a-update-20252026-flash-cards/?new 2/36
,9/9/25, 4:28 AM C211 Second OA quizzes EXAM Questions & Answers | Latest Already Graded A+ UPDATE 2025|2026 Flashcards | Quizlet
MNEs from the Triad Shrinking
dominate the list of the
500 largest MNEs; their
share has been _____.
A conversion that purchasing power parity
determines the equivalent
amount of goods and
services that different
currencies can buy is
known as _____.
Which of the following Brazil
countries would be
characterized as an
emerging economy?
Which of the following Japan
countries is represented in
the Triad of the global
economic pyramid?
People who earn _____ a less than $2,000
year comprise the base of
the global economic
pyramid.
A _____ is defined as an reverse innovation
innovation that is adopted
first in emerging
economies and then
diffused around the world.
The _____ view suggests institution-based
that the success and
failure of firms are largely
determined by their
environments.
https://quizlet.com/1073507218/c211-second-oa-quizzes-exam-questions-answers-latest-already-graded-a-update-20252026-flash-cards/?new 3/36
, 9/9/25, 4:28 AM C211 Second OA quizzes EXAM Questions & Answers | Latest Already Graded A+ UPDATE 2025|2026 Flashcards | Quizlet
The _____ view of global resource-based
business focuses on
internal factors that can
help a firm overcome its
external environment.
Which of the following is Globalization is a not a one-directional phenomenon
true of globalization
according to the
"pendulum view"
perspective?
The concept of _____ semiglobalization
suggests that barriers to
market integration at
borders are high, but not
high enough to
completely insulate
countries from each other.
_____ is the strategy of Standardization
treating the entire world
as one market.
Protectionism is similar to government involvement in international trade
mercantilism as they both
advocated _____.
The _____ principle Protectionism
advocated that
governments should
actively protect domestic
industries from imports
and vigorously promote
exports.
Which of the following is a National competitive advantage
modern trade theory?
https://quizlet.com/1073507218/c211-second-oa-quizzes-exam-questions-answers-latest-already-graded-a-update-20252026-flash-cards/?new 4/36
