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docx C211 C211 Study Guide Questions The following questions are developed as a study

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docx C211 C211 Study Guide Questions The following questions are developed as a study aid for the C211 COS. They cover important concepts in each competency. The questions are not comprehensive but are only designed ...

docx C211 C211 Study Guide Questions The following questions are developed as a study aid for the C211 COS. They cover important concepts in each competency. The questions are not comprehensive but are only designed to serve as an indicator of your preparedness take the C211 assessment. After reading the material for each competency, use these questions to reinforce your understanding and review further as necessary. COMPETENCY: Globalization (Peng Chapters 1, 5, 6, 11) 6 pts 1- Explain the New, Evolutionary, and Pendulum views of Globalization. How do these differ from one another? Ch. 1 a. New â€“ a new force sweeping through the world in recent times b. Evolutionary â€“ a long-run historical evolution since the dawn of human history c. Pendulum â€“ a pendulum that swings from one extreme to another from time to time 2- What is Foreign Direct Investment? Ch. 1 a. Foreign direct investment (FDI) is direct investment in, control, and management of value-added activities in other countries. 3- What different political views exist on FDI? Ch. 6 a. Radical â€“ radical view is hostile to FDI, treats FDI as an instrument of imperialism and as a vehicle for exploitation of domestic resources, industries, and people by foreign capitalists and firms. b. Free market â€“ free market view calls for minimum or unrestricted intervention by government in FDI, will enable countries to tap into their absolute or comparative advantages by specializing in the p. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . .. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . .. .. . . . . . . . . . . . . . . . . . .. . . . .

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