Try and practice the latest WGU : Global-Economics-for-Managers real questions & answers
Updated: Jul 02, 2026
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WGU Global Economics for Managers (C211, UZC2) Sample Questions:
1. What is one of the three primary types of foreign exchange transactions?
A) Hedges
B) Forward transactions
C) Balanced transactions
D) Straddles
2. Which scenario demonstrates a monopoly created by a resource?
A) A software company copyrights the code for new software.
B) A bridge is so infrequently used that it has a large fixed cost and negligible marginal cost.
C) A new rare jewel is found, and only one mine in the world has it.
D) An author copyrights a new book.
3. A country has seen an increase in inflation. What is the effect on the country's currency exchange rate?
A) It remains the same.
B) It changes, but in an unknown direction.
C) It decreases.
D) It increases.
4. What is an example of goods that tend to have negative cross-price elasticities?
A) Inferior goods
B) Substitutes
C) Complements
D) Luxury goods
5. 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 lowers prices to gain market share.
C) A multinational relocates production after a minimum wage increase.
D) A firm increases advertising to boost brand awareness.
Solutions:
| Question # 1 Answer: B | Question # 2 Answer: C | Question # 3 Answer: C | Question # 4 Answer: C | Question # 5 Answer: C |
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