C211 Pre-Assessment Review 2025-2026| WGU C211 Pre-Assessment Global Economics for Managers 50 Questions With Correct Verified Answers
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Litigation advantages
PRE-ASSESSMENT: GLOBAL ECONOMICS FOR MANAGERS (UZC2) (PUZC)
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Attempt #1
Status: Passed
- One view of globalization claims that human civilization has always had some type of globalization. Which
view is it?
YOUR
ANSWER
CORRECT
ANSWER
The long-run historical view
The pendulum view
The business-over-culture view
The unique-role view
- The benefit attributed to firms that enter a market before other firms in the same market segment is best
described by which term?
YOUR
ANSWER
CORRECT
ANSWER
First-mover advantage
Trade advantage
Absolute advantage
Scale advantage
- What is opportunity cost?
YOUR
ANSWER
CORRECT
ANSWER
The lost potential from pursuing one activity at the expense of another activity, given the alternatives
The extent to which different countries possess various factors of production such as labor, land, and technology
A government payment to a domestic firm
A net loss that occurs in an economy as a result of tariffs
- What is one of the OLI advantages outlined by John Dunning for why firms become multinational
enterprises by engaging in foreign direct investment?
YOUR
ANSWER
CORRECT
ANSWER
Internalization advantages
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