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Updated: Aug 20, 2026
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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 |
| Certificate Validity Period: | Valid as long as enrolled; no expiration once completed |
| Real Exam Qty: | 50–60 |
| Exam Format: | Multiple-choice questions, Single-best-answer format |
| Exam Duration: | 90 minutes |
| Passing Score: | 65% |
| Related Certifications: | Master of Business Administration (MBA) Bachelor of Science in Business Administration |
| Exam Price: | Included in tuition; no separate exam fee |
| Available Languages: | English |
| Recommended Training: | Global Economics for Managers Study Guide WGU Course Materials & Learning Resources |
| 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: Global Finance and Monetary Systems | 25% | - Foreign Exchange Markets
|
| Topic 2: Foundations of Global Economics | 20% | - Economic Systems and Institutions
|
| Topic 3: Macroeconomics for Managers | 10% | - Economic Indicators and Policies
|
| Topic 4: International Trade Theory and Policy | 25% | - Classical and Modern Trade Theories
|
| Topic 5: Foreign Direct Investment and Global Strategy | 20% | - Foreign Direct Investment (FDI)
|
1. When confronting MNEs, the extender strategy centers on what?
A) Leveraging local assets in areas in which MNEs are weak
B) Engaging in rapid learning and then expanding overseas
C) Cooperating through joint ventures (JVs) with MNEs and sell-offs to MNEs
D) Leveraging homegrown competencies abroad
2. What are three characteristics of industries primed for collusion? (Choose THREE.)
A) Perfect information for consumers
B) Homogeneous products
C) High product differentiation
D) Free entry and exit
E) A price leader
F) A small number of rivals
3. What is the Nash equilibrium?
A) A particular situation between two entities that illustrates why cooperation is difficult to maintain even when it is mutually beneficial
B) A situation in which economic actors interacting with one another each choose their best strategy from among all available strategies currently being used by said actors
C) A group of firms illegally acting in unison to improve profits or dominate a market
D) An agreement among firms in a market over production and price
4. Costs that do not vary with output quantity divided by the quantity of output is best described by which term?
A) Average variable cost
B) Total cost
C) Average fixed cost
D) Marginal cost
5. Which protection of intellectual property is used for the design of a logo?
A) Trade secret
B) Copyright
C) Patent
D) Trademark
Solutions:
| Question # 1 Answer: D | Question # 2 Answer: B,E,F | Question # 3 Answer: B | Question # 4 Answer: C | Question # 5 Answer: D |
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