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Following are some reference material for actual WGU Global-Economics-for-Managers exam test
| Section | Weight | Objectives |
|---|---|---|
| Topic 1: Global Finance and Monetary Systems | 25% | - Balance of Payments and International Monetary System
|
| Topic 2: International Trade Theory and Policy | 25% | - Trade Policies and Barriers
|
| Topic 3: Foreign Direct Investment and Global Strategy | 20% | - Foreign Direct Investment (FDI)
|
| Topic 4: Macroeconomics for Managers | 10% | - Economic Indicators and Policies
|
| Topic 5: Foundations of Global Economics | 20% | - Economic Systems and Institutions
|
What are key features of an oligopoly? (Choose THREE.)
Correct Answer: B,C,D 🗳️
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What is the Nash equilibrium?
Correct Answer: D 🗳️
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What is purchasing power parity (PPP)?
Correct Answer: D 🗳️
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What is one of the three primary types of foreign exchange transactions?
Correct Answer: D 🗳️
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Which statement is true for a monopoly firm, but not for a competitive firm?
Correct Answer: A 🗳️
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