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: Oct 26, 2026

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Question 1

What is a key feature of an oligopoly?

A : There is tension between cooperation and self-interest.

B : Firms in an oligopoly are independent of one another, much like competitive firms.

C : The actions of any one seller in the market have little to no impact on the profits of all the other sellers.

D : There is little, if any, motivation for cooperation between firms.

Answer: A

Question 2

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 3

What is one of the four strategic goals of firms looking for potential locations?

A : Scale-seeking

B : Profit-seeking

C : Competition-seeking

D : Market-seeking

Answer: D

Question 4

What are costs to home countries of foreign direct investment (FDI)? (Choose TWO.)

A : Job loss

B : Reduced standard of living

C : Cultural disintegration

D : Capital outflow

E : Loss of sovereignty

F : Loss of intellectual property

Answer: A,D

Question 5

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

A : Hedges

B : Forward transactions

C : Balanced transactions

D : Straddles

Answer: B

Page: 1 / 27

Total 135 Questions | Updated On: Oct 26, 2026

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