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WGU Global-Economics-for-Managers Exam Overview:
| Certification Vendor: | Western Governors University (WGU) |
|---|---|
| Exam Name: | Global Economics for Managers |
| Exam Number: | C211 / UZC2 |
| Related Certifications: | MBA Core Curriculum (WGU) |
| Exam Format: | Objective Assessment (proctored multiple-choice exam), Performance-based assessment (course assignments may also apply depending on term structure) |
| Available Languages: | English |
| Certificate Validity Period: | N/A (course-based assessment within WGU program) |
| Recommended Training: | Khan Academy Economics WGU Course Material (C211 Global Economics for Managers) |
| Exam Registration: | WGU Student Portal |
| Sample Questions: | ![]() |
| Exam Way: | Online proctored assessment via WGU testing platform |
| Pre Condition: | Admission into WGU MBA or related business graduate program; completion of program requirements as outlined in degree plan |
| Official Syllabus URL: | https://www.wgu.edu |
WGU Global-Economics-for-Managers Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Topic 1: Global Economics | - International trade and comparative advantage - Exchange rates and currency systems - Global economic institutions and trade policy |
| Topic 2: Managerial Economic Decision-Making | - Risk and uncertainty in global markets - Cost-benefit analysis in business contexts |
| Topic 3: Macroeconomic Environment | - Fiscal and monetary policy - GDP, inflation, and unemployment |
| Topic 4: Microeconomics for Managers | - Supply and demand analysis - Market structures and competition - Elasticity and pricing decisions |
| Topic 5: Foundations of Economics | - Market systems and economic models - Scarcity, opportunity cost, and economic reasoning |
What to Know About Global-Economics-for-Managers Before You Start
- Foundations of Economics ()
- Managerial Economic Decision-Making ()
- Microeconomics for Managers ()
WGU Global Economics for Managers (C211, UZC2) Sample Questions:
What is one of the OLI advantages outlined by John Dunning for why firms become multinational enterprises by engaging in foreign direct investment?
- A. Ownership advantages
- B. Internalization advantages
- C. Competitive neutrality
- D. Location advantages
Correct Answer: B 🗳️
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Which mode of entry is an equity-based entry mode?
- A. Indirect exports
- B. Franchising
- C. 50/50 joint ventures
- D. Licensing
Correct Answer: C 🗳️
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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
Correct Answer: A 🗳️
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Which factors increase a country's currency exchange value? Choose two answers.
- A. A rise in inflation
- B. A rise in productivity
- C. Political unrest
- D. A fall in productivity
- E. A rise in the interest rate
- F. A fall in population
Correct Answer: B,E 🗳️
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What are costs to home countries of foreign direct investment (FDI)? (Choose TWO.)
- A. Loss of sovereignty
- B. Reduced standard of living
- C. Job loss
- D. Cultural disintegration
- E. Capital outflow
- F. Loss of intellectual property
Correct Answer: C,E 🗳️
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