Free WGU Global-Economics-for-Managers Exam Questions

Become WGU Certified with updated Global-Economics-for-Managers exam questions and correct answers

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Total 135 Questions | Updated On: Sep 24, 2026

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Question 1

What are properties of a typical indifference curve? (Choose TWO.)

A : Higher indifference curves are preferred to lower ones.

B : Indifference curves can intersect.

C : Indifference curves do not cross.

D : Indifference curves slope upward.

Answer: A,C

Question 2

What is one of the three primary types of foreign exchange transactions?

A : Hedges

B : Forward transactions

C : Balanced transactions

D : Straddles

Answer: B

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 increases.

B : Price decreases.

C : Quantity remains the same.

D : Quantity increases.

E : Quantity decreases.

F : Price remains the same.

Answer: A,E

Question 4

When confronting MNEs, the extender strategy centers on what?

A : Leveraging homegrown competencies abroad

B : Cooperating through joint ventures (JVs) with MNEs and sell-offs to MNEs

C : Leveraging local assets in areas in which MNEs are weak

D : Engaging in rapid learning and then expanding overseas

Answer: A

Question 5

Which statement characterizes an institution-based view of global business?

A : Firm behaviors are the outcome of interactions between institutions and firms.

B : Government regulations are the primary driver of institutional change.

C : Institutions, not firms, are the sole factor in explaining individual behavior.

D : Financial motivations are excluded from consideration in explaining the interactions between institutions and firms.

Answer: A

Page: 1 / 27

Total 135 Questions | Updated On: Sep 24, 2026

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