WGU C211 Global Economics for Managers (OA) Exam
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Questions And Answers 2026/2027 graded A+
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1. Which two phrases represent the views of globalization? Choose two answers.
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a. A pendulum that swings from one extreme to another
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b. A competition among key financial centers and markets
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c. A continuing force sweeping through the world
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d. An unplanned result of corporate responses to a variety of
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opportunities
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e. A trading of goods and services between the most and least
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regulated countries
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2. What are two trade barriers? Choose two answers.
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a. Nontariffs
b. Foreign languages o
c. The oceano
d. Tariffs
e. Shipping
3. What is the effect of tariff on a particular product for the country imposing the tariff?
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a. Increases domestic production of the product
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b. Decreases the deadweight cost of the country
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c. Increases domestic consumption of the product
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, d. Decreases government trade revenueso o o
4. Which benefits come to the host country as a result of foreign direct investment?
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Choose two answers.
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a. Sovereign stability o
b. Capital outflow o
c. Domestic resource allocation
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d. Creation of domestic jobs
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5. Which characteristic of firm resources affects competitive dynamics?
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a. Tractability
b. Divisibility
c. Imitability
d. Intensity
6. Which characteristic of firm resources affects competitive dynamics, according to the
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VRIO framework?
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a. Variability
b. Optimization
c. Interpretability
d. Rarity
7. Which theory is the forerunner to modern-day protectionism?
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a. Free trade
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b. Mercantilism
c. Absolute advantage o
d. Comparative advantage o
8. Which aspect creates the daily changes in a country’s exchange rate?
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a. Currency supply and demand
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o o o o o o o
Questions And Answers 2026/2027 graded A+
o o o o o o
1. Which two phrases represent the views of globalization? Choose two answers.
o o o o o o o o o o
a. A pendulum that swings from one extreme to another
o o o o o o o o
b. A competition among key financial centers and markets
o o o o o o o
c. A continuing force sweeping through the world
o o o o o o
d. An unplanned result of corporate responses to a variety of
o o o o o o o o o
opportunities
o
e. A trading of goods and services between the most and least
o o o o o o o o o o
regulated countries
o o
2. What are two trade barriers? Choose two answers.
o o o o o o o
a. Nontariffs
b. Foreign languages o
c. The oceano
d. Tariffs
e. Shipping
3. What is the effect of tariff on a particular product for the country imposing the tariff?
o o o o o o o o o o o o o o o
a. Increases domestic production of the product
o o o o o
b. Decreases the deadweight cost of the country
o o o o o o
c. Increases domestic consumption of the product
o o o o o
, d. Decreases government trade revenueso o o
4. Which benefits come to the host country as a result of foreign direct investment?
o o o o o o o o o o o o o
Choose two answers.
o o o
a. Sovereign stability o
b. Capital outflow o
c. Domestic resource allocation
o o
d. Creation of domestic jobs
o o o
5. Which characteristic of firm resources affects competitive dynamics?
o o o o o o o
a. Tractability
b. Divisibility
c. Imitability
d. Intensity
6. Which characteristic of firm resources affects competitive dynamics, according to the
o o o o o o o o o o
VRIO framework?
o o
a. Variability
b. Optimization
c. Interpretability
d. Rarity
7. Which theory is the forerunner to modern-day protectionism?
o o o o o o o
a. Free trade
o
b. Mercantilism
c. Absolute advantage o
d. Comparative advantage o
8. Which aspect creates the daily changes in a country’s exchange rate?
o o o o o o o o o o
a. Currency supply and demand
o o o
