Exam Name: WGU Global Economics for Managers (C211, UZC2)
Certification Provider: WGU
Corresponding Certification: Courses and Certificates
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WGU : Global-Economics-for-Managers Exam Premium Dumps
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WGU Global-Economics-for-Managers Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Global Finance and Monetary Systems | 25% | - Foreign Exchange Markets
|
| International Trade Theory and Policy | 25% | - Classical and Modern Trade Theories
|
| Foreign Direct Investment and Global Strategy | 20% | - Global Business Strategy
|
| Foundations of Global Economics | 20% | - Views on Globalization
|
| Macroeconomics for Managers | 10% | - Economic Indicators and Policies
|
WGU Global Economics for Managers (C211, UZC2) Sample Questions:
What is one of the three primary types of foreign exchange transactions?
- A. Spot transactions
- B. Forward transactions
- C. Hedging transactions
- D. Arbitrage transactions
Correct Answer: A 🗳️
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Which situation illustrates the proposition that when formal constraints are unclear or fail, informal constraints play a larger role in reducing uncertainty and providing constancy to firms?
- A. A firm follows strict environmental practices despite lax local laws
- B. Firms relocating overseas due to a new domestic tax policy
- C. Firms entering gray markets due to high taxes
- D. Choosing a headquarters location based on cost of living, airports, and tax credits
Correct Answer: A 🗳️
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What is deadweight cost?
- A. A government payment to a domestic firm
- B. The lost potential from pursuing one activity at the expense of another, given the alternatives
- C. A tariff levied on imports that are selling below cost in order to unfairly drive domestic firms out of business
- D. A net loss that occurs in an economy as a result of tariffs
Correct Answer: D 🗳️
Explanation: Only visible for FreeCram members. You can sign-up / login (it's free).
An import tariff is implemented on apples. What is the effect on domestic government revenue?
- A. It becomes negative
- B. It increases
- C. It decreases
- D. It remains unchanged
Correct Answer: B 🗳️
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What are examples of fixed costs? (Choose TWO.)
- A. Cost of flour in bread production
- B. Sales commissions
- C. A $1,000 state license fee to operate a shop
- D. Monthly internet cost in a women's apparel business
- E. Cost of parts in computer manufacturing
Correct Answer: C,D 🗳️
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