WGU Global-Economics-for-Managers Q&A - in .pdf

  • Global-Economics-for-Managers pdf
  • Exam Code: Global-Economics-for-Managers
  • Exam Name: WGU Global Economics for Managers (C211, UZC2)
  • Updated: Sep 09, 2026
  • Q & A: 136 Questions and Answers
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  • Exam Code: Global-Economics-for-Managers
  • Exam Name: WGU Global Economics for Managers (C211, UZC2)
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  • Updated: Sep 09, 2026
  • Q & A: 136 Questions and Answers
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WGU Global-Economics-for-Managers Q&A - Testing Engine

  • Global-Economics-for-Managers Testing Engine
  • Exam Code: Global-Economics-for-Managers
  • Exam Name: WGU Global Economics for Managers (C211, UZC2)
  • Updated: Sep 09, 2026
  • Q & A: 136 Questions and Answers
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WGU Global-Economics-for-Managers Exam Syllabus Topics:

SectionObjectives
Competency 3: Economic Decision-Making by Firms and Customers- Firm Behavior Under Different Market Structures (Perfect Competition, Monopoly, Oligopoly)
- Consumer Behavior (Budget Constraint, Indifference Curves)
Key Topics Across All Competencies- International Trade Policies (Tariffs, Quotas)
- Supply and Demand Shifts
- Elastic vs. Inelastic Goods
- Global Business Strategies and Porter's Framework
- Foreign Direct Investment (FDI) Impacts
- Currency Appreciation and Depreciation
Competency 1: International Trade and Currency Exchange- Currency Exchange Rate Determination
- Introduction to International Trade Theories
- Impact of Interest Rates on Financial Flows and Exchange Rates
Competency 2: Political and Economic Forces- Property Rights and the Rule of Law
- Market Economy vs. Command Economy

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

Question 1

What is true about tariffs?

A. They increase the domestic quantity demanded.
B. They increase the quantity of imports.
C. They encourage consumers to reduce their consumption.
D. They lower the price of affected imported goods below the world price.


Question 2

Managers and firms rationally pursue their interests and make choices within institutional constraints.
Which situation illustrates this proposition of the institution-based view of global business?

A. A firm introduces a new product due to consumer trends.
B. A firm increases advertising to boost brand awareness.
C. A firm lowers prices to gain market share.
D. A multinational relocates production after a minimum wage increase.


Question 3

Costs that do not vary with output quantity divided by the quantity of output is best described by which term?

A. Marginal cost
B. Average variable cost
C. Total cost
D. Average fixed cost


Question 4

Barriers to entry in a market are the main cause of monopolies. Which statement is accurate when the barrier to entry has its source in government regulation?

A. A single firm can supply a good or service to an entire market at a lower cost than two or more firms could.
B. Economies of scale allow a firm to create output at a lower cost than other competitors.
C. A key resource required for production is owned by a single firm.
D. A single firm has the exclusive legal right to produce some good or service.


Question 5

What happens when the Federal Reserve increases the money supply?

A. The aggregate supply curve shifts to the right
B. The aggregate supply curve shifts to the left
C. The aggregate demand curve shifts to the right
D. The aggregate demand curve shifts to the left


Solutions:

Question 1
Answer: C
Question 2
Answer: D
Question 3
Answer: D
Question 4
Answer: D
Question 5
Answer: C

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