WGU C211 Global Economics for Managers Exam 5 (Latest 2023 - 2024) New Full Exam Questions and Answers ( Included ) 100% Correct

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1. Which two phrases represent the views of globalization? Choose twoanswers. Answer: - A pendulum that swings from one extreme to another. - A competition among key financial centers and markets. ... 2. What are two trade barriers? Answer: - Nontariffs - Tarriffs 3. What is the effect of tariff on a particular product for the country imposingthe tariff? Answer: Increases domestic production of the product. 4. Which benefits come to the host country as a result of foreign directinvestment? Answer: - Creation of domestic jobs - Domestic resource allocation 5. Which characteristics of firm resources affects competitive dynamics? Answer: - Imitability (capable or worthy of being imitated or copied) 6. Which characteristic of firm resources affects competitive dynamics, ac-cording to the VRIO framework? Answer: Rarity [Show More]

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