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

Global-Economics-for-Managers Exam Simulator
  • Exam Code: Global-Economics-for-Managers
  • Exam Name: WGU Global Economics for Managers (C211, UZC2)
  • Updated: Sep 24, 2026
  • Q & A: 136 Questions and Answers
  • WGU Global-Economics-for-Managers Q&A - in .pdf

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

SectionWeightObjectives
Topic 1: Macroeconomics for Managers10%- Economic Indicators and Policies
  • 1. GDP, inflation, unemployment, business cycles
  • 2. Fiscal and monetary policy impacts
Topic 2: Foundations of Global Economics20%- Views on Globalization
  • 1. Drivers and consequences of globalization
  • 2. New view, Evolutionary view, Pendulum view
- Economic Systems and Institutions
  • 1. Market, command, and mixed economies
  • 2. Political, legal, and cultural frameworks
Topic 3: International Trade Theory and Policy25%- Trade Policies and Barriers
  • 1. Economic integration: EU, USMCA, ASEAN
  • 2. Tariffs, quotas, subsidies, embargoes
- Classical and Modern Trade Theories
  • 1. Absolute advantage, Comparative advantage
  • 2. Heckscher-Ohlin, Product life-cycle, Strategic trade theory
Topic 4: 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
Topic 5: Global Finance and Monetary Systems25%- Foreign Exchange Markets
  • 1. Exchange rate determination, currency regimes
  • 2. Hedging and risk management
- Balance of Payments and International Monetary System
  • 1. Current account, capital account, official reserves
  • 2. Fixed vs floating exchange rates, IMF, World Bank

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

Question #1

Which good tends to have elastic demand?

  • A. A good with many complements
  • B. A good with close substitutes
  • C. A good with few complements
  • D. A good that is tangible
Reveal Solution  Discussion  0

Correct Answer: B  🗳️

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Question #2

What is a feature of a democracy?

  • A. It can and often does lead to nationalization, or expropriation, of foreign assets.
  • B. It often results in higher risk associated with political changes that may negatively impact domestic and foreign firms.
  • C. It delegates absolute political control over the population to one person or party.
  • D. It gives citizens the right to elect representatives to govern on their behalf.
Reveal Solution  Discussion  0

Correct Answer: D  🗳️

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Question #3

One view of globalization claims that human civilization has always had some type of globalization.
Which view is it?

  • A. The technological convergence view
  • B. The modern institutional view
  • C. The short-run economic view
  • D. The long-run historical view
Reveal Solution  Discussion  0

Correct Answer: D  🗳️

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Question #4

Which factors increase a country's currency exchange value? Choose two answers.

  • A. Political unrest
  • B. A rise in inflation
  • C. A fall in population
  • D. A rise in productivity
  • E. A fall in productivity
  • F. A rise in the interest rate
Reveal Solution  Discussion  0

Correct Answer: D,F  🗳️

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Question #5

Which scenario demonstrates a monopoly created by a resource?

  • A. An author copyrights a new book.
  • B. A new rare jewel is found, and only one mine in the world has it.
  • C. A software company copyrights the code for new software.
  • D. A bridge is so infrequently used that it has a large fixed cost and negligible marginal cost.
Reveal Solution  Discussion  0

Correct Answer: B  🗳️

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