Latest Wgu C211 Exam . Questions And Correct Answers (Complete Exam) Verified Answers| Graded A+

Base of the pyramid (BOP) {Ans: } Economics where people make less $2,000 per capita per year.BRIC {Ans: } Brazil, Russia, India, and ChinaEmerging economies {Ans: } a term that has gradually replaced the term "developing countries" since the 1990s.Emerging markets {Ans: } a term that is often used interchangeably with "emerging economies."expatriate manager {Ans: } a manager who works abroad, or "expat" for short.FDI: foreign direct investment {Ans: } investment in, controlling, and managing value-added activities in other countries.global business {Ans: } business around the globe including both international (cross-border) activities and domestic activities.globalization {Ans: } the close integration of countries and people of the world.GDP: gross domestic product {Ans: } the sum of value added by resident firms, households, and governments operating in an economy.GNI: gross national income {Ans: } GDP plus income from non-resident sources abroad.group of 20 (G-20) {Ans: } the group of 19 major countries plus the European Union (EU) whose leaders meet on a biannual basis to solve global economic problems.international business (IB) {Ans: } 1. a business or firm that engages in international (cross-border) economic activities and/or 2. the action of doing business abroad.international premium {Ans: } a significant pay raise when working