New view on globalization Study guides, Class notes & Summaries
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Test Bank For Global Business 4th Edition By Mike Peng
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Chapter 3 Emphasizing Informal Institutions Cultures Ethics and Norms 
TRUEFALSE 
1. According to the institution-based view, informal institutions must be sought when formal 
institutions fail. 
(A) True 
(B) False Answer : (A) 
2. The cultural norms of a country is an example of an informal institution. (A) True 
(B) False 
Answer : (A) 
3. Informal institutions are based on the rules and legal systems of an economy. (A) True 
(B) False 
Answer : (B) 
4. Informal institutions are closely relat...
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WG C211 Second OA quizzes Questions and answers 2023 With Complete Solution Graded and Already Passed.
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The term "emerging economies" has replaced the term _____. - CORRECT ANS Developing 
countries 
The gross domestic product plus the income from non-resident sources abroad gives the ____. - 
CORRECT ANS gross national product 
More than 25% of global GDP comes from _____. - CORRECT ANS BRICS countries 
Viewing the global economy as a pyramid, the Triad refers to _____. - CORRECT ANS North 
America, Western Europe, and Japan 
People who earn _____ a year comprise the base of the global economic p...
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WGU C211 OA Global Economics for Managers Test – With Complete Solutions (Graded A+)
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WGU C211 OA Global Economics for Managers Test – With Complete Solutions (Graded A+) 
WGU C211 OA Global Economics for Managers Test – With Complete Solutions (Graded A+) 
 
view that claims phenomenon of globalization was initially driven by the desire of Western economies to exploit their power through MNE's - ANSWER - new 
 
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 - ANSWER - evoluti...
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C211 Second OA quizzes Exam with 100% Correct Answers 2023
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The term "emerging economies" has replaced the term _____. - Correct answerDeveloping countries 
The gross domestic product plus the income from non-resident sources abroad gives 
the ____. - Correct answer-gross national product 
More than 25% of global GDP comes from _____. - Correct answer-BRICS countries 
Viewing the global economy as a pyramid, the Triad refers to _____. - Correct answerNorth America, Western Europe, and Japan 
People who earn _____ a year comprise the base of the global ...
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Test Bank for Cohn Global Political Economy Theory and Practice 7th Edition
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Test Bank for Cohn Global Political Economy Theory and Practice 7th EditionChapter 1 Introduction 
Multiple Choice 
1) Theorists who define globalization primarily as an economic phenomenon with little effect on the primacy of states are 
a) moderate globalists. b) hyperglobalists. c) internationalists. d) liberal economists. 
Answer: c; Page 7 
2) Theorists who emphasize the fact that international relations is a “self- help” system are most often 
a) historical materialists. b) liberals. c...
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MAN 320F EXAM 2 AROIAN (ALL ACCURATE 100%)
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Blue Ocean Strategy correct answers strategy where it includes all industries not in existence, unknown market space 
going where the profits and growth is, not where the competition is 
 
Red Ocean Strategy correct answers all industries in existence, the known mkt space 
 
industries never stand... correct answers still 
 
strategic move correct answers the set of managerial actions and decisions involved in making a major market-creating business offering 
 
with technology & globalization, ...
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WGU C211 OA Global Economics Exam (2023) (Verified Answers)
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Which political view of foreign direct investment (FDI) is most widely used by 
governments in the current international business environment? - Correct answerProtectionism 
Which factors predict the degree of rivalry between a pair of competitors? 2 choices - 
Correct answer-Market commonality and Cost structure 
Which factors predicts how local firms in emerging economics will respond to 
multinational competitors? Competitive assets and industry pressures to globalize - 
Correct answer-Market...
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WGU C211 Study Guide 2023 Questions and Answers 100% Correct
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WGU C211 Study Guide 2023 Questions and Answers 100% CorrectWGU C211 Study Guide 2023 Questions and Answers 100% Correct 
 
Views of globalization (Chp 1.4) - ANSWER-1. It's a new phenomenom, starting in the late 20th century. 
2. It's a long term part of human history. 
3. Neither recent nor one directional, it's a pendulum that swings back and forth. 
 
Strategic goal = Natural resource—seeking - ANSWER-Location specific advantage = Possession of natural resources and related transport an...
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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. - ANSWER- - 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 domesti...
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WGU C211 - Global Economics for Managers
- Exam (elaborations) • 29 pages • 2024
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WGU C211 - Global Economics for Managers 2024 
 
 
Views on Globalization - ANSWER New, Evolutionary, and Pendulum 
 
 
 
 
"New" view on globalization - ANSWER A force sweeping through the world in recent times. 
 
 
 
 
"Evolutionary" view on globalization - ANSWER A long-run historical evolution since the dawn of human history 
 
 
 
 
"Pendulum" view on globalization - ANS...
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