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

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

1. Which statement about consumer surplus is true?

A) It is a good measure of economic well-being if policymakers want to satisfy buyers' preferences
B) It measures total production efficiency
C) It measures the well-being of sellers
D) It represents government revenue

2. Which statement characterizes an institution-based view of global business?

A) Government regulations are the primary driver of institutional change.
B) Financial motivations are excluded from consideration in explaining the interactions between institutions and firms.
C) Firm behaviors are the outcome of interactions between institutions and firms.
D) Institutions, not firms, are the sole factor in explaining individual behavior.

3. Who are the primary and largest participants in the foreign exchange market?

A) Central banks
B) Large international banks
C) Individual currency traders
D) Multinational manufacturing firms

4. What are examples of equity modes of entry? (Choose THREE.)

A) Strategic alliances
B) Franchising
C) Acquisitions
D) Greenfield investments
E) Licensing

5. What is true about forward transactions?

A) They allow participants to buy and sell currencies now for future delivery.
B) They convert one currency into another at one time with an agreement to revert it back at another time in the future.
C) They are the classic single-shot exchange of one currency for another.
D) They allow traders to sell currency holdings at an exchange rate in the past.

Solutions: