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

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

Question 1

Barriers to entry help to create monopolies. What is a common type of barrier?

A. A firm purchasing competitors
B. Elastic demand curves
C. Progressive tax structures
D. Economies of scale in the production process

Question 2

Which mode of entry is an equity-based entry mode?

A. Licensing
B. Indirect exports
C. 50/50 joint ventures
D. Franchising

Question 3

What does the term resource mobility describe?

A. An economic condition in which a nation exports more than it imports
B. The assumption that a resource removed from one industry can be moved to another
C. The idea that governments should actively defend domestic industries from imports and vigorously promote the export of resources
D. The idea that market forces should determine how much to trade with little or no government intervention

Question 4

What are examples of equity modes of entry? (Choose THREE.)

A. Licensing
B. Strategic alliances
C. Acquisitions
D. Greenfield investments
E. Franchising

Question 5

What are represented by informal institutions?

A. Rules
B. Regulations
C. Ethics
D. Written laws

Solutions: