WGU Global-Economics-for-Managers : WGU Global Economics for Managers (C211, UZC2)

  • Exam Code: Global-Economics-for-Managers
  • Exam Name: WGU Global Economics for Managers (C211, UZC2)
  • Updated: Sep 13, 2026
  • Q & A: 136 Questions and Answers

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WGU Global-Economics-for-Managers Exam Syllabus Topics:

SectionWeightObjectives
Global Finance and Monetary Systems25%- Balance of Payments and International Monetary System
  • 1. Fixed vs floating exchange rates, IMF, World Bank
  • 2. Current account, capital account, official reserves
- Foreign Exchange Markets
  • 1. Exchange rate determination, currency regimes
  • 2. Hedging and risk management
Macroeconomics for Managers10%- Economic Indicators and Policies
  • 1. Fiscal and monetary policy impacts
  • 2. GDP, inflation, unemployment, business cycles
International Trade Theory and Policy25%- Classical and Modern Trade Theories
  • 1. Absolute advantage, Comparative advantage
  • 2. Heckscher-Ohlin, Product life-cycle, Strategic trade theory
- Trade Policies and Barriers
  • 1. Tariffs, quotas, subsidies, embargoes
  • 2. Economic integration: EU, USMCA, ASEAN
Foreign Direct Investment and Global Strategy20%- Global Business Strategy
  • 1. Strategic positions: Defender, Extender, Contender, Dodger
  • 2. Porter's Diamond model
- Foreign Direct Investment (FDI)
  • 1. Theories of FDI, costs and benefits
  • 2. Location advantages and entry modes
Foundations of Global Economics20%- Views on Globalization
  • 1. New view, Evolutionary view, Pendulum view
  • 2. Drivers and consequences of globalization
- Economic Systems and Institutions
  • 1. Political, legal, and cultural frameworks
  • 2. Market, command, and mixed economies

WGU Global Economics for Managers (C211, UZC2) Sample Questions:

Question #1

What is a tariff levied on imports that are selling below cost in order to unfairly drive domestic firms out of business?

  • A. Antidumping duty
  • B. Opportunity cost
  • C. Deadweight cost
  • D. Factor endowment
Reveal Solution  Discussion  0

Correct Answer: A  🗳️

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Question #2

What are characteristics of a market economy? (Choose TWO.)

  • A. It is characterized by the "invisible hand" of market forces.
  • B. It is defined by a government taking the authoritative role in the economy.
  • C. Supply, demand, and pricing are planned by the government.
  • D. It found a near ideal in China and the former Soviet Union during communism.
  • E. Factors of production are government-owned or state-owned.
  • F. It was first noted by Adam Smith in The Wealth of Nations in 1776.
Reveal Solution  Discussion  0

Correct Answer: A,F  🗳️

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Question #3

What is the profit maximization condition for a monopoly?

  • A. When total revenue is maximized
  • B. When price equals marginal cost
  • C. When marginal revenue equals marginal cost
  • D. When marginal cost is minimized
Reveal Solution  Discussion  0

Correct Answer: C  🗳️

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Question #4

What are costs to home countries of foreign direct investment (FDI)? (Choose TWO.)

  • A. Loss of sovereignty
  • B. Loss of intellectual property
  • C. Cultural disintegration
  • D. Job loss
  • E. Capital outflow
  • F. Reduced standard of living
Reveal Solution  Discussion  0

Correct Answer: D,E  🗳️

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Question #5

The marginal revenue from producing a smartphone is $200, and the marginal cost is $150. What is the best action for the firm?

  • A. Exit the market altogether
  • B. Increase production
  • C. Decrease production
  • D. Pause production
Reveal Solution  Discussion  0

Correct Answer: B  🗳️

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