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

Global-Economics-for-Managers real exams

Exam Code: Global-Economics-for-Managers

Exam Name: WGU Global Economics for Managers (C211, UZC2)

Updated: Sep 13, 2026

Q & A: 136 Questions and Answers

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

SectionWeightObjectives
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. Political, legal, and cultural frameworks
  • 2. Market, command, and mixed economies
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
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
International Trade Theory and Policy25%- Classical and Modern Trade Theories
  • 1. Heckscher-Ohlin, Product life-cycle, Strategic trade theory
  • 2. Absolute advantage, Comparative advantage
- Trade Policies and Barriers
  • 1. Economic integration: EU, USMCA, ASEAN
  • 2. Tariffs, quotas, subsidies, embargoes
Macroeconomics for Managers10%- Economic Indicators and Policies
  • 1. GDP, inflation, unemployment, business cycles
  • 2. Fiscal and monetary policy impacts

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

Question #1

What is the Nash equilibrium?

A. A group of firms illegally acting in unison to improve profits or dominate a market
B. A particular situation between two entities that illustrates why cooperation is difficult to maintain even when it is mutually beneficial
C. A situation in which economic actors interacting with one another each choose their best strategy from among all available strategies currently being used by said actors
D. An agreement among firms in a market over production and price


Question #2

The formula "fixed costs (FC) + variable costs (VC)" represents which quantity?

A. Marginal cost
B. Implicit cost
C. Total cost
D. Average cost


Question #3

Which quantity measures the market value of all final goods and services produced within a country in a given period of time?

A. Gross domestic product (GDP)
B. National disposable income
C. Net domestic product (NDP)
D. Gross national income (GNI)


Question #4

What is one of the four strategic goals of firms looking for potential locations?

A. Competition-seeking
B. Scale-seeking
C. Market-seeking
D. Profit-seeking


Question #5

What is a key feature of an oligopoly?

A. Products are always homogeneous.
B. Entry is free in the long run.
C. The market represents a prisoner's dilemma.
D. Firms are price takers.


Solutions:

Question #1
Answer: C
Question #2
Answer: C
Question #3
Answer: A
Question #4
Answer: C
Question #5
Answer: C

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