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WGU C211 EXAM LATEST 2022-2023 EXAM 300 REAL EXAM QUESTIONS AND CORRECT ANSWERS (VERIFIED ANSWERS)|AGRADE

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WGU C211 EXAM LATEST 2022-2023 EXAM 300 REAL EXAM QUESTIONS AND CORRECT ANSWERS (VERIFIED ANSWERS)|AGRADE Which two phrases represent the views of globalization? Choose two answers. - AN... SWER- - A pendulum that swings from one extreme to another. - A competition among key financial centers and markets. What are two trade barriers? - ANSWER- - Nontariffs - Tarriffs What is the effect of tariff on a particular product for the country imposing the tariff? - ANSWER- Increases domestic production of the product. Which benefits come to the host country as a result of foreign direct investment? - ANSWER- - Creation of domestic jobs - Domestic resource allocation Which characteristics of firm resources affects competitive dynamics? - ANSWER- Imitability (capable or worthy of being imitated or copied) Which characteristic of firm resources affects competitive dynamics, according to the VRIO framework? - ANSWER- Rarity Which theory is the forerunner to modern-day protectionism? - ANSWER- Mercantilism (favorable balance of trade, the development of agriculture and manufactures, and the establishment of foreign trading monopolies) Which aspect creates the daily changes in a country's exchange rate? - ANSWER- Currency supply and demand [Show More]

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