About WGU Global Economics for Managers (C211, UZC2) : Global-Economics-for-Managers Exam Torrent

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

Section	Weight	Objectives
Macroeconomics for Managers	10%	- Economic Indicators and Policies 1. GDP, inflation, unemployment, business cycles 2. Fiscal and monetary policy impacts
International Trade Theory and Policy	25%	- Trade Policies and Barriers 1. Tariffs, quotas, subsidies, embargoes 2. Economic integration: EU, USMCA, ASEAN - Classical and Modern Trade Theories 1. Heckscher-Ohlin, Product life-cycle, Strategic trade theory 2. Absolute advantage, Comparative advantage
Global Finance and Monetary Systems	25%	- Foreign Exchange Markets 1. Hedging and risk management 2. Exchange rate determination, currency regimes - Balance of Payments and International Monetary System 1. Current account, capital account, official reserves 2. Fixed vs floating exchange rates, IMF, World Bank
Foreign Direct Investment and Global Strategy	20%	- Global Business Strategy 1. Porter's Diamond model 2. Strategic positions: Defender, Extender, Contender, Dodger - Foreign Direct Investment (FDI) 1. Location advantages and entry modes 2. Theories of FDI, costs and benefits
Foundations of Global Economics	20%	- Economic Systems and Institutions 1. Market, command, and mixed economies 2. Political, legal, and cultural frameworks - Views on Globalization 1. New view, Evolutionary view, Pendulum view 2. Drivers and consequences of globalization

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

Question #1

Which statement is true for a monopoly firm, but not for a competitive firm?

A. The marginal revenue is less than its price.
B. The firm is a price taker.
C. The marginal revenue equals the price.
D. Economic profit is zero in the long run.

Reveal Solution Discussion 0

Correct Answer: A 🗳️