WGU C211 Global Economics for Managers questions and answers 2025/2026 update| 100% passing guarantee

WGU C211 Global Economics for Managers
questions and answers 2025/2026 update|
100% passing guarantee
1. Base of the pyramid (BOP)
v4 v4 v4 v4




- v4✔✔ANSWER v4 v4Economies v4where v4people v4make v4less v4than v4$2,000 v4per v4capita

per year.
v4 v4




2. BRICA

- v4✔✔ANSWER v4 v4Brazil, v4Russia, v4India, v4and v4China.

3. Emerging economies v4




- ✔✔ANSWER v4 v4term v4that v4has v4gradually v4replaced v4the v4term v4"developing

v4 countries" since the 1990s.
v4 v4 v4




4. Emerging markets v4




- ✔✔ANSWER v4 v4A v4term v4that v4is v4often v4used v4interchangeably v4with

"emerging economies."
v4 v4




5. Expatriate manager v4




- ✔✔ANSWER v4 v4A v4manager v4who v4works v4abroad, v4or v4"expat" v4for v4short.

6. Foreign direct investment (FDI)
v4 v4 v4




- ✔✔ANSWER v4 v4Investment v4in, v4controlling, v4and v4managing v4val- v4ue-added

activities in other countries.
v4 v4 v4 v4



1 v4/ v4
100

,7. Global Business
v4




- ✔✔ANSWER v4 v4Business v4around v4the v4globe.

8. Globalization

- ✔✔ANSWER v4 v4The v4close v4integration v4of v4countries v4and v4peoples v4of v4the v4world.

9. Gross domestic product (GDP)
v4 v4 v4




- ✔✔ANSWER v4 v4The v4sum v4of v4value v4added v4by v4resident v4firms, v4households,

and governments operating in an economy.
v4 v4 v4 v4 v4 v4




10. Gross national income (GNI)
v4 v4 v4




- ✔✔ANSWER v4 v4GDP v4plus v4income v4from v4non-resident v4sources v4abroad. v4The

v4 term used by the World Bank and other international organizations to
v4 v4 v4 v4 v4 v4 v4 v4 v4 v4




supersede the term GNP.
v4 v4 v4 v4




11. Gross national product (GNP)
v4 v4 v4




- ✔✔ANSWER v4 v4GDP v4plus v4income v4from v4non-resident v4sources v4abroad

12. Group of 20 (G-20)
v4 v4 v4




- ✔✔ANSWER v4 v4The v4group v4of v419 v4major v4countries v4plus v4the v4European v4Union

(EU) whose leaders meet on a biannual basis to solve global
v4 v4 v4 v4 v4 v4 v4 v4 v4 v4 v4




v4 economic problems.
v4




13. International business (IB) v4 v4




- ✔✔ANSWER v4 v4(1) v4A v4business v4(or v4firm) v4that v4engages v4in v4internation- v4al v4(cross-

2 v4/ v4
100

,border) economic activities and/or (2) the action of doing business abroad.
v4 v4 v4 v4 v4 v4 v4 v4 v4 v4




3 v4/ v4
100

, 14. International premium v4




- ✔✔ANSWER v4 v4A v4significant v4pay v4raise v4when v4working v4overseas.

15. Liability of foreignness v4 v4




- ✔✔ANSWER v4 v4The v4inherent v4disadvantage v4that v4foreign v4firms v4experi- v4ence v4in

v4 host countries because of their non-native status.
v4 v4 v4 v4 v4 v4




16. Multinational enterprise (MNE) v4 v4




- ✔✔ANSWER v4 v4A v4firm v4that v4engages v4in v4foreign v4direct v4invest- v4ment v4(FDI).

17. Nongovernmental organization (NGO) v4 v4




- ✔✔ANSWER v4 v4An v4organization v4that v4is v4not v4affiliated v4with v4governments.

18. Purchasing power parity (PPP) v4 v4 v4




- ✔✔ANSWER v4 v4A v4conversion v4that v4determines v4the v4equivalent v4amount v4of v4goods

v4 and services that different currencies can purchase.
v4 v4 v4 v4 v4 v4




19. Reverse innovation v4




- ✔✔ANSWER v4 v4An v4innovation v4that v4is v4adopted v4first v4in v4emerging v4economies v4and v4is

v4 then diffused around the world.
v4 v4 v4 v4




20. Risk management v4




- ✔✔ANSWER v4 v4The v4identification v4and v4assessment v4of v4risks v4and v4the v4prepa-

v4 ration to minimize the impact of high-risk, unfortunate events.
v4 v4 v4 v4 v4 v4 v4 v4




21. Scenario planning v4




4 v4/ v4
100