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

WGU Global-Economics-for-Managers exam
  • Exam Code: Global-Economics-for-Managers
  • Exam Name: WGU Global Economics for Managers (C211, UZC2)
  • Updated: Sep 26, 2026
  • Q & A: 136 Questions and Answers
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WGU Global-Economics-for-Managers Exam Syllabus Topics:

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

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

Question #1

What is one characteristic of a market surplus?

  • A. There is upward pressure on price
  • B. Price is below equilibrium
  • C. Quantity demanded exceeds quantity supplied
  • D. Quantity supplied exceeds quantity demanded
Reveal Solution  Discussion  0

Correct Answer: D  🗳️

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Question #2

What is the bandwagon effect?

  • A. Investors moving independently based on private information
  • B. The tendency of prices to return to equilibrium
  • C. The movement of investors in the same direction at the same time
  • D. Government intervention to stabilize markets
Reveal Solution  Discussion  0

Correct Answer: C  🗳️

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Question #3

When supply decreases and demand stays the same, what happens to the equilibrium point of price and quantity? Choose two answers.

  • A. Price decreases.
  • B. Quantity remains the same.
  • C. Quantity increases.
  • D. Price increases.
  • E. Quantity decreases.
  • F. Price remains the same.
Reveal Solution  Discussion  0

Correct Answer: D,E  🗳️

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Question #4

Which entrant is able to erect significant barriers for other entrants?

  • A. First mover
  • B. Dodger
  • C. Contender
  • D. Late mover
Reveal Solution  Discussion  0

Correct Answer: A  🗳️

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Question #5

Barriers to entry in a market are the main cause of monopolies. Which statement is accurate when the barrier to entry has its source in government regulation?

  • A. A single firm has the exclusive legal right to produce some good or service.
  • B. A single firm can supply a good or service to an entire market at a lower cost than two or more firms could.
  • C. Economies of scale allow a firm to create output at a lower cost than other competitors.
  • D. A key resource required for production is owned by a single firm.
Reveal Solution  Discussion  0

Correct Answer: A  🗳️

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