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

WGU Global-Economics-for-Managers Actual PDF
  • Exam Code: Global-Economics-for-Managers
  • Exam Name: WGU Global Economics for Managers (C211, UZC2)
  • Updated: Oct 31, 2026
  • Q & A: 136 Questions and Answers
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About WGU Global-Economics-for-Managers Exam

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

SectionObjectives
Topic 1: Competency 1: International Trade and Currency Exchange- Introduction to International Trade Theories
- Impact of Interest Rates on Financial Flows and Exchange Rates
- Currency Exchange Rate Determination
Topic 2: Key Topics Across All Competencies- International Trade Policies (Tariffs, Quotas)
- Global Business Strategies and Porter's Framework
- Supply and Demand Shifts
- Foreign Direct Investment (FDI) Impacts
- Currency Appreciation and Depreciation
- Elastic vs. Inelastic Goods
Topic 3: 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)
Topic 4: Competency 2: Political and Economic Forces- Market Economy vs. Command Economy
- Property Rights and the Rule of Law

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

Question #1

Which statement is a description of theocratic law?

  • A. It is a legal system that is the oldest, most influential, and most widely distributed in the world.
  • B. It is a legal system that uses comprehensive statutes and codes as a primary means to form legal judgments.
  • C. It is a legal system that is shaped by precedents and traditions from previous judicial decisions.
  • D. It is a legal system based on religious teachings and dogma.
Reveal Solution  Discussion  0

Correct Answer: D  πŸ—³οΈ

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Question #2

When there is an expectation of lower income in the future, what is the effect on the demand curve for a normal good?

  • A. The demand curve shifts up.
  • B. The demand curve shifts right.
  • C. The demand curve shifts left.
  • D. The demand curve shifts down.
Reveal Solution  Discussion  0

Correct Answer: C  πŸ—³οΈ

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Question #3

What happens when the Federal Reserve increases the money supply?

  • A. The aggregate supply curve shifts to the left
  • B. The aggregate demand curve shifts to the right
  • C. The aggregate demand curve shifts to the left
  • D. The aggregate supply curve shifts to the right
Reveal Solution  Discussion  0

Correct Answer: B  πŸ—³οΈ

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Question #4

What is one benefit of small-scale entries into foreign markets?

  • A. They focus on learning by doing while limiting the downside risk.
  • B. They give complete equity and operational control.
  • C. They present easy opportunities to build market share.
  • D. They demonstrate a strategic commitment to certain markets.
Reveal Solution  Discussion  0

Correct Answer: A  πŸ—³οΈ

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Question #5

Which term best describes an economic condition in which a nation exports more than it imports?

  • A. Trade surplus
  • B. Mercantilism
  • C. Trade deficit
  • D. Resource mobility
Reveal Solution  Discussion  0

Correct Answer: A  πŸ—³οΈ

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