AND 100 CORRECT WELL DETAILED

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AND 100% CORRECT WELL DETAILED

ANSWERS|LATEST

UPDATE!!!!2025/2026|GUARANTEED

Which view claims that the phenomenon of globalization was initially driven by the desire of Western economies to exploit their power through multinational enterprise? - ANSWER 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 portray? - ANSWER Resource-based view

What is the aggregation of importing and exporting that leads to the country-level trade surplus or deficit? - ANSWER Balance of trade

What is a cost of foreign direct investment? - ANSWER Developing countries may be exploited by multinational enterprises (MNE).

What may precious, rare, and hard-to-duplicate resources and capabilities lead to for a firm?

• ANSWER Sustained comparative advantage

Which theory states that patterns of international trade change across new, maturing, and standardized states? - ANSWER Product life cycle theory

What is the financial environment in which exchange rates and payments for goods and services are conducted? - ANSWER International monetary system

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What happens to a country's real exchange rate and nominal interest rate as the price level increases, assuming all other factors are unchanged? - ANSWER Exchange rates depreciate; interest rates increase

What is the easiest method nonfinancial companies use to handle currency fluctuations? - ANSWER Currency diversification

Which strategy minimizes the risk of unanticipated changes in future exchange rates? - ANSWER Currency swap

A company is looking for a location with an abundance of ground-breaking individuals, firms, and universities. Which type of strategic goal is this company demonstrating? - ANSWER Innovation-seeking

What advantage comes with not sharing benefits with late entrants? - ANSWER First- mover advantage

Which entry mode is a non-equity arrangement for a company entry into a foreign market? - ANSWER Licensing

What size commitment is required for a non-equity mode of entry into a foreign market? - ANSWER Small commitment

What are two supportive pillars for an informal institution? - ANSWER Cognitive, Normative

What is the key role of an institution, according to the institution-based view? - ANSWER To reduce uncertainty

What are the rules, enforcement mechanisms, and organizations that support market transactions? - ANSWER Institutions

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