Exam Name: WGU Global Economics for Managers (C211, UZC2)
Certification Provider: WGU
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WGU Global-Economics-for-Managers Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Topic 1: Macroeconomics for Managers | 10% | - Economic Indicators and Policies
|
| Topic 2: Foreign Direct Investment and Global Strategy | 20% | - Foreign Direct Investment (FDI)
|
| Topic 3: Global Finance and Monetary Systems | 25% | - Balance of Payments and International Monetary System
|
| Topic 4: International Trade Theory and Policy | 25% | - Classical and Modern Trade Theories
|
| Topic 5: Foundations of Global Economics | 20% | - Views on Globalization
|
WGU Global Economics for Managers (C211, UZC2) Sample Questions:
1. A shopper purchases a shirt for $17 but was willing to pay $25. What does this indicate?
A) The consumer surplus is $25.
B) The consumer surplus is $8.
C) The producer surplus is $17.
D) The producer surplus is $25.
2. In a monopoly, which statements are likely true? (Choose TWO.)
A) Entry is free in the long run
B) There are barriers to entry into the market
C) One seller offers a unique good with no close substitutes
D) Marginal revenue equals price
E) Firms are price takers
3. Which pillar of formal institutions represents the coercive power of governments?
A) Cultural
B) Cognitive
C) Normative
D) Regulatory
4. What is true about forward transactions?
A) They are the classic single-shot exchange of one currency for another.
B) They allow traders to sell currency holdings at an exchange rate in the past.
C) They convert one currency into another at one time with an agreement to revert it back at another time in the future.
D) They allow participants to buy and sell currencies now for future delivery.
5. What is one of the three primary types of foreign exchange transactions?
A) Forward transactions
B) Hedges
C) Balanced transactions
D) Straddles
Solutions:
| Question # 1 Answer: B | Question # 2 Answer: B,C | Question # 3 Answer: D | Question # 4 Answer: D | Question # 5 Answer: A |
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