WGU C214 OA Financial Management Retake Exam Latest Questions and Answers (2024 / 2025) (Verified Answers)
TermText
when in rome, do as the romans do
do everywhere exactly as you do at home
the main goal should be to increase profits (as long as you stay within the law)
conduct cost benefit analysis. maximize the good, minimize the harm
well everyone is doing it, so will i
most of the world is not corrupt
the foreign corrupt practices act is a law that
which of the following statements is true
which sports organization was accused of widespread, world-wide corruption
how did disney react to the unsafe working places in bangladesh after one of the factories in their supply chain burned down
child labor still exists today
which country is a major supplier of cobalt
which of the following is a key challenge in producing smartphones, laptops, and/or electric cars that rely on cobalt in their products
83 corporations were linked to forced labor by uighurs in china
when h&m spoke out against china in regards to using forced labor
the idea that businesspeople should consider the social consequences of economic actions when making business decisions is called
which of the following is not part of corporate social responsibility
which country has been historically a key importer of the worlds plastic and waste
strategies that not only help the multinational firm make good profits but that do so without harming the environment while simultaneously ensuring that the corporation acts in a socially responsible manner with regard to its stakeholders are called
name one key challenge in recycling companies face since china has put a ban on trash imports
u.s. candy makers have responded to the tariffs and price floor policies that were introduced as temporary measures in the u.s. sugar industry during the 1930s
the agreement between united states and china is an example of
from which trade agreement did the US withdrew in 2017, under president Trump
which of the following groups looses in a free trade market
free trade is typically more popular among economists than general public because of the visibility of the negative sides of free trade and lack of visibility of the positive sides
a situation in which an economic gain by one country results in an economic loss by another is called
the government of the republic of senna enforces tariffs and quotas to limit imported goods, while exports are subsidized. by using these instruments, the government seeks to achieve a surplus in the balance trade. based on this information, which approach most influences the republic of senna’s approach to international trade
trade deficit refers to
president trumps policies reflect mercantilism
which of the following was the initial motivation behind starting the us china trade war
which of the following is the reason for why trade war with china is not bringing jobs back to us
there is no question that trade deficit is bad for a country
a country should produce goods in which it has absolute advantage and trade these goods with other countries
a country should specialize in what it produces most efficiently and import goods that are produced less efficiently
when a new product is developed it is produced at home, then sold in developed nations, and as it becomes widely accepted, the production shifts to developing nations
countries should focus on building economies of scale to increase product variety and decrease costs
a country should export goods based on its factor endowments
karvel lives in northern california where there is sufficient land and labor to successfully grow grapes for wine. heckscher-ohlin would consider the land and labor to be
if italy is more efficient at producing fine leather shoes and handbags than any other country, then italy has an
the economic and strategic advantages that accrue to early entrants are called
is variously defined as selling goods in a foreign market at below their costs of production or as selling goods in a foreign market at below their fair market value
italy has a direct restriction on the amount of metal products that may be imported into the country. which instrument of trade policy does this reflect
high tariff barriers and subsidies in the agricultural industry ultimately lead to
tariffs are typically pro-producer but anti-consumer
how did the smoot-hawley act affect employement
the us filed a complaint against china regarding its subsidies because
the stock of fdi refers to the
involves the establishment of a new operation in a foreign country
which of the following is the main benefit that fdi provides to the host country
china has the highest inflow of fdi in the world
mark the two key reasons for why tesla decided to build a gigafactory in china in the midst of trade tensions and rising tariffs
which foreign company was restricted by the us government from doing business with any organization that operates in the us, which included google, qualcomm, microsoft, and intel
which of the following is the reason for why us fears huawei
uk banned huawei from its 5g network amid security concerns
which of the following actions describe what us did to tiktok
what is the concern the us has over tiktok
president biden is not particularly concerned with the chinese companies like tiktok, wechat, or huawei. biden has revoked trumps executive order and has given these companies a green light to operate unrestricted in the us
a country that wants to create the highest level of economic integration would enter into a
identify the correct sequence of economic integration starting from the least integrated to the most integrated
a customs union differs from a free trade area because it allows for
a __ has no barriers to trade among member countries, includes a common external trade policy, and allows factors of production to move freely among members, but does not have a common currency
the andean community is an example of
regional integration is important because it decreases the chance of war or violent conflict
One reason the British electorate voted to exit the European Union is because of an increase in __ within Europe.
the ultimate controlling authority with the eu is the
the uk and eu are currently in a trasitional period in which the terms of trade have drastically changed
the european parliament
the nafta agreement has recently been renegotiated and is now called usmca. which of the following industries/groups was impacted by the changes in agreement
which of the following countries is no longer a member of mercosur
who is nicolas maduro
the goal of the asean community is to
which of the following is the largest free trade block in the world
according to andrew mwenda, foreign aid has hurt africa
how many countries are afcfta’s signatories
a major benefit of afcfta is that it is expected to increase
which of the following trading blocks is poised to be the worlds growth engine