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Exam Code: Global-Economics-for-Managers
Exam Name: WGU Global Economics for Managers (C211, UZC2)
Updated: Oct 03, 2026
Q & A: 136 Questions and Answers
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| Section | Objectives |
|---|---|
| Topic 1: Foundations of Economics | - Market systems and economic models - Scarcity, opportunity cost, and economic reasoning |
| Topic 2: Microeconomics for Managers | - Elasticity and pricing decisions - Market structures and competition - Supply and demand analysis |
| Topic 3: Global Economics | - Global economic institutions and trade policy - Exchange rates and currency systems - International trade and comparative advantage |
| Topic 4: Macroeconomic Environment | - Fiscal and monetary policy - GDP, inflation, and unemployment |
| Topic 5: Managerial Economic Decision-Making | - Cost-benefit analysis in business contexts - Risk and uncertainty in global markets |
When producing a piece of luggage, the marginal cost is $92 and the marginal revenue is $81. What is the best action for the firm?
Correct Answer: C 🗳️
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In which situation is the contender strategy appropriate for responding to multinational enterprises (MNEs)?
Correct Answer: D 🗳️
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What is the necessity of making sensible decisions in the absence of complete information called?
Correct Answer: C 🗳️
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In which situation is the dodger strategy appropriate for responding to multinational enterprises (MNEs)?
Correct Answer: B 🗳️
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An import tariff is implemented on furniture. What is the effect on consumer surplus for furniture?
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