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WGU Global-Economics-for-Managers Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Topic 1: International Trade Theory and Policy | 25% | - Classical and Modern Trade Theories
|
| Topic 2: Foundations of Global Economics | 20% | - Views on Globalization
|
| Topic 3: Foreign Direct Investment and Global Strategy | 20% | - Foreign Direct Investment (FDI)
|
| Topic 4: Macroeconomics for Managers | 10% | - Economic Indicators and Policies
|
| Topic 5: Global Finance and Monetary Systems | 25% | - Foreign Exchange Markets
|
WGU Global Economics for Managers (C211, UZC2) Sample Questions:
1. What is one of the two major exchange rate policies?
A) Matched rate
B) Fiscal rate
C) Discount rate
D) Floating rate
2. Which entrant is able to erect significant barriers for other entrants?
A) Dodger
B) First mover
C) Contender
D) Late mover
3. An import tariff is implemented on apples. What is the effect on domestic government revenue?
A) It remains unchanged
B) It decreases
C) It becomes negative
D) It increases
4. What is the definition of globalization?
A) The spread of regulatory influence to a greater pool of subjects
B) The achievement of a one-world market for goods and services
C) The close integration of countries and peoples of the world
D) The development of custom products for each segment of a population
5. What is a key feature of an oligopoly?
A) Firms are price takers.
B) Entry is free in the long run.
C) The market represents a prisoner's dilemma.
D) Products are always homogeneous.
Solutions:
| Question # 1 Answer: D | Question # 2 Answer: B | Question # 3 Answer: D | Question # 4 Answer: C | Question # 5 Answer: C |
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