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WGU C211 Import and Exports Questions with 100% correct Answers 2023/2024 Which view claims that the phenomenon of globalization was initially driven by the desire of Western economies to exploit their power through multinational enterprise? - correct answers The new-force view 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 ...

WGU C211 Total and Marginal cost Questions with 100% Guaranteed Solutions 2023/2024 What is the change in total cost equal to in the marginal cost equation? - correct answers Marginal cost multiplied by change in quantity. Fixed costs equal: - correct answers Total costs minus variable costs Economic profit is distinct from accounting profit because - correct answers Economic profit incorporates both explicit and implicit costs. Total costs include: - correct answers Variable costs plu...

WGU C211 Foreign Direct Investment Questions with Complete Solutions 2023/2024 View that claims globalization is a long-run historical evolution since the dawn of humanity. Says it is nothing new and that it will always exist - correct answers evolutionary View that claims globalization is swinging from one extreme to another from time to time - correct answers pendulum Investment in, controlling, and managing value-added activities in other countries - correct answers foreign direct inve...

WGU C211 Macroeconomics Questions with Critical answers 2023/2024 Tariff. - correct answers Tax on goods produced abroad and sold domestically (tax on imported goods). A method used to restrict international trade. Dead weight loss. - correct answers The fall in total surplus that results from a market distortion, such as a tax (new equilibrium price that is settled for the transaction will be higher and therefore some burden of this will be passed on to the consumer) How are tariff's an...

WGU C211 Federal Reserve Questions with Ascertained answers 2023/2024 Federal reserve tools - correct answers open market operations, discount rate, reserve requirement open market operations - correct answers Buying & selling government securities to change the supply of money Fed buys bonds - correct answers -decrease in the federal funds rate -increase in money supply Fed sells bonds - correct answers -increase in the federal funds rate -decrease in money supply discount rate -...

WGU C211 Reviewed Study Exam Questions and certified answers 2023/2024 The resource-based view of global business differs from the institution-based view of global business in that the resource-based view _____. - correct answers focuses on the internal strengths on the firm The _____ of globalization suggests that globalization is neither recent nor one-directional. - correct answers pendulum view Globalization can be viewed as: - correct answers ALL OF THESE ANSWERS - a new force sweepi...

WGU C211 Globalization Exams Review Questions with Complete Answers 2023/2024 Views on Globalization - correct answers New, Evolutionary, and Pendulum "New" view on globalization - correct answers A force sweeping through the world in recent times. "Evolutionary" view on globalization - correct answers A long-run historical evolution since the dawn of human history "Pendulum" view on globalization - correct answers One that swings from one extreme to another from time to time ...

WGU C211 Test Guide Exams Questions with Approved and passed Solutions 2023/2024 Four properties of an indifference curve - correct answers (1) Higher indifference curves are preferred to lower ones. People usually prefer to consume more goods rather than less. (2) Indifference curves are downward sloping. The slope of an indifference curve reflects the rate at which the consumer is willing to substitute one good for the other. (3) Indifference curves do not cross. (4) Indifference curves ar...

WGU C211 Practice Review Exams Questions with Accurate Solutions 2023/2024 Strategic goal = Natural resource—seeking - correct answers location specific advantage = Possession of natural resources and related transport and communication infrastructure Strategic goal = Market-seeking - correct answers location specific advantage = Abundance of strong market demand and customers willing to pay Strategic goal = Efficiency-seeking - correct answers Location specific advantage = Economies of...

Abnormality Psychology Exam Review Question and approved Answers 2023/2024 Abnormal behavior - correct answer perceptual or cognitive disfunction that deviates statistically from typical behavior, interferes with a person's ability to function in a particular situation, and is labeled as abnormal by society Psychoanalytic view -correct answer interactions between the id, ego, and superego are responsible for abnormal behavior, stemmed from unresolved conflicts during one's childhood Hum...