wgu global business FVC1 assessment 2 - Which of the...

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Which of the followingis a characteristic ofglobalization?A. Tax LawB. Trade NegotiationsC. CultureD. TransparencyAnswer:C
How do majorinternational institutionsfacilitate globalization?B
D. By enacting stringentlabor lawsE. By weakening theircurrenciesWhat do countries withpoliticians that sustaintransparency in globalcompetition tend to have?B. A slow free entepriseC
systemC. A competitive marketstructureD. A system of poorchecks and balancesWhat helps makeglobalization sustainable?A
What do property rightsenable buyers and sellersto do?A. Conduct transactionswith the high degree oftrustAnswer:A
B. Name buildings afterthemC. Improve their quality oflifeD. Increase currencytaxes
How has technologybridged the global digitaldivide?B
B. By decreasingcommunication costC. By increasing stagnantwagesD. By causing job lossEconomist have arguedthat national policiesA
should be implemented tohelp retrain and educateworkers.How might these effortsaffect the displacedworkers?
B. By capping the level ofcompetitivenessC. By increasingunemploymetD. By reducing wagesWhat is one argumentagainst globalization?A. Economic controlincreaseAnswer:B. Collaborative tradingC
will occurC. Jobs will be lostD. New industries willdevelopWhich of the followingmay lead to an increase inA
the standard of living,according to free-tradetheory?
How does foreign direct(FDI) create jobs andenhance skills ofworkers?D
B. By selling companiesC. By increasing taxpoliciesD. By creating inflows ofcapital from abroad
Workers from Polandare free to work in theUnited Kingdom to fillshortages there.What is this scenarioan example of?A

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Term
Spring
Professor
N/A
Tags
Business, International Economics, International Trade, Globalization, Global Business FVC1, d

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