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Assess the CertsIQ’s updated Global-Economics-for-Managers exam questions for free online practice of your WGU Global Economics for Managers (C211, UZC2) ECON 5000 test. Our C211 - ECON 5000 Global Economics for Managers dumps questions will enhance your chances of passing the WGU Certificate Programs certification exam with higher marks.

Question 1

What is a characteristic of common law as compared to civil law?

Options :

A : Common law relies primarily on comprehensive statutes and codes.

B : Common law is more reliant on precedents from previous judicial decisions.

C : Common law is based on religious teachings.

D : Common law minimizes the role of judges.

Answer: B

Question 2

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

Options :

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 3

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

Options :

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 4

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

Options :

A : Hedges

B : Forward transactions

C : Balanced transactions

D : Straddles

Answer: B

Question 5

What does the term resource mobility describe?

Options :

A : The idea that market forces should determine how much to trade with little or no governmentintervention

B : The assumption that a resource removed from one industry can be moved to another

C : An economic condition in which a nation exports more than it imports

D : The idea that governments should actively defend domestic industries from imports and vigorouslypromote the export of resources

Answer: B