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WGU Global-Economics-for-Managers Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Foreign Direct Investment and Global Strategy | 20% | - Foreign Direct Investment (FDI)
|
| Foundations of Global Economics | 20% | - Economic Systems and Institutions
|
| Macroeconomics for Managers | 10% | - Economic Indicators and Policies
|
| Global Finance and Monetary Systems | 25% | - Foreign Exchange Markets
|
| International Trade Theory and Policy | 25% | - Classical and Modern Trade Theories
|
WGU Global Economics for Managers (C211, UZC2) Sample Questions:
Which good tends to have elastic demand?
- A. A good with few complements
- B. A good that is tangible
- C. A good with many complements
- D. A good with close substitutes
Correct Answer: D 🗳️
Explanation: Only visible for TestsDumps members. You can sign-up / login (it's free).
In which mode of entry do companies build new factories and offices from scratch?
- A. Direct exports
- B. Joint ventures
- C. Co-marketing operations
- D. Greenfield operations
Correct Answer: D 🗳️
Explanation: Only visible for TestsDumps members. You can sign-up / login (it's free).
When is it best for a firm to increase production?
- A. When marginal revenue is greater than marginal cost
- B. When average cost is minimized
- C. When total revenue is maximized
- D. When marginal cost exceeds marginal revenue
Correct Answer: A 🗳️
Explanation: Only visible for TestsDumps members. You can sign-up / login (it's free).
When the Federal Reserve decreases the money supply, what is the result?
- A. The aggregate demand for imports increases.
- B. The efficiency of market corrections is reduced.
- C. The quantity of goods and services demanded for any given price decreases.
- D. The quantity of goods and services demanded for one specific price increases.
Correct Answer: C 🗳️
Explanation: Only visible for TestsDumps members. You can sign-up / login (it's free).
The benefit attributed to firms that enter a market before other firms in the same market segment is best described by which term?
- A. First-mover advantage
- B. Late-mover advantage
- C. Economies of scope
- D. Competitive neutrality
Correct Answer: A 🗳️
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