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Updated: Aug 09, 2026
No. of Questions: 136 Questions & Answers with Testing Engine
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| Certification Vendor: | Western Governors University (WGU) |
| Exam Name: | Global Economics for Managers Objective Assessment |
| Exam Number: | C211, UZC2, Global-Economics-for-Managers |
| Available Languages: | English |
| Related Certifications: | Master of Business Administration (MBA) Bachelor of Science in Business Administration |
| Exam Price: | Included in tuition; no separate exam fee |
| Exam Duration: | 90 minutes |
| Exam Format: | Multiple-choice questions, Single-best-answer format |
| Certificate Validity Period: | Valid as long as enrolled; no expiration once completed |
| Real Exam Qty: | 50–60 |
| Passing Score: | 65% |
| Recommended Training: | WGU Course Materials & Learning Resources Global Economics for Managers Study Guide |
| Exam Registration: | WGU Student Portal |
| Sample Questions: | WGU Global-Economics-for-Managers Sample Questions |
| Exam Way: | Online proctored exam; taken remotely via WGU's testing platform |
| Pre Condition: | No prior courses required; open to all WGU business students |
| Official Syllabus URL: | https://www.wgu.edu/online-business-degrees/c211-global-economics-for-managers.html |
| Section | Weight | Objectives |
|---|---|---|
| Topic 1: Foreign Direct Investment and Global Strategy | 20% | - Foreign Direct Investment (FDI)
|
| Topic 2: Global Finance and Monetary Systems | 25% | - Balance of Payments and International Monetary System
|
| Topic 3: International Trade Theory and Policy | 25% | - Trade Policies and Barriers
|
| Topic 4: Foundations of Global Economics | 20% | - Economic Systems and Institutions
|
| Topic 5: Macroeconomics for Managers | 10% | - Economic Indicators and Policies
|
1. When the Federal Reserve decreases the money supply, what is the result?
A) The efficiency of market corrections is reduced.
B) The quantity of goods and services demanded for any given price decreases.
C) The quantity of goods and services demanded for one specific price increases.
D) The aggregate demand for imports increases.
2. In which mode of entry do companies build new factories and offices from scratch?
A) Greenfield operations
B) Direct exports
C) Joint ventures
D) Co-marketing operations
3. Which goods have a positive cross-price elasticity?
A) Complements
B) Shortage goods
C) Substitutes
D) Normal goods
4. 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 fixed cost
C) Average variable cost
D) Total cost
5. Which good tends to have elastic demand?
A) A good with few complements
B) A good with many complements
C) A good that is tangible
D) A good with close substitutes
Solutions:
| Question # 1 Answer: B | Question # 2 Answer: A | Question # 3 Answer: C | Question # 4 Answer: B | Question # 5 Answer: D |
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