WGU Global-Economics-for-Managers下載 - Global-Economics-for-Managers考試大綱

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WGU Global-Economics-for-Managers Exam Syllabus Topics:

SectionObjectives
Topic 1: Key Topics Across All Competencies- Currency Appreciation and Depreciation
- Supply and Demand Shifts
- Elastic vs. Inelastic Goods
- Global Business Strategies and Porter's Framework
- International Trade Policies (Tariffs, Quotas)
- Foreign Direct Investment (FDI) Impacts
Topic 2: Competency 2: Political and Economic Forces- Market Economy vs. Command Economy
- Property Rights and the Rule of Law
Topic 3: Competency 1: International Trade and Currency Exchange- Currency Exchange Rate Determination
- Impact of Interest Rates on Financial Flows and Exchange Rates
- Introduction to International Trade Theories
Topic 4: Competency 3: Economic Decision-Making by Firms and Customers- Consumer Behavior (Budget Constraint, Indifference Curves)
- Firm Behavior Under Different Market Structures (Perfect Competition, Monopoly, Oligopoly)

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最新的 Courses and Certificates Global-Economics-for-Managers 免費考試真題 (Q75-Q80):

問題 #75
What is true about forward transactions?

答案:B

解題說明:
Forward transactions are foreign exchange contracts in which two parties agree today to exchange currencies at a specified rate on a future date. Option A is correct because the transaction terms are set now, but delivery occurs later. Managers use forward transactions to reduce exchange-rate uncertainty when they expect to receive or pay foreign currency in the future. Option B describes a spot transaction, where currencies are exchanged immediately or within a very short settlement period. Option C describes a swap transaction, which combines an exchange now with a reverse exchange later. Option D is incorrect because forward transactions do not allow trading at a past exchange rate. They lock in a future exchange rate based on current agreement.


問題 #76
What is one of the OLI advantages outlined by John Dunning for why firms become multinational enterprises by engaging in foreign direct investment?

答案:A

解題說明:
InGlobal Economics for Managers, John Dunning'sOLI frameworkexplains why firms engage in foreign direct investment (FDI). One of its three components isinternalization advantages, making option C correct.
Internalization advantages arise when a firm finds it more efficient toconduct business activities internally rather than through market transactions such as licensing or outsourcing. By internalizing operations, firms can reduce transaction costs, protect proprietary knowledge, maintain quality control, and avoid contractual disputes.
The OLI framework consists of:
* Ownership advantages: firm-specific assets such as technology or brand reputation
* Location advantages: benefits of operating in a particular country
* Internalization advantages: gains from keeping activities within the firm When all three advantages are present, firms are more likely to pursue FDI rather than exporting or licensing.
Option D is not part of the OLI framework. Thus, option C is correct.


問題 #77
What is one of the three primary types of foreign exchange transactions?

答案:D

解題說明:
In Global Economics for Managers, spot transactions are one of the three primary types of foreign exchange transactions, making option B correct. Spot transactions involve the immediate exchange of currencies, typically settled within two business days.
The three main foreign exchange transactions are:
Spot transactions
Forward transactions
Swap transactions
Spot transactions form the foundation of currency trading and are widely used for international trade payments and short-term currency needs.
Options C and D describe strategies rather than transaction types.
Thus, option B is correct.


問題 #78
What are characteristics of monopolistic competition? (Choose THREE.)

答案:A,C,D

解題說明:
InGlobal Economics for Managers,monopolistic competitionis characterized bymany sellers,product differentiation, andfree entry and exit, making options A, B, and C correct.
Firms sell products that are similar but not identical, allowing them some degree of pricing power. Examples include restaurants, clothing brands, and personal services. Because entry is relatively easy, economic profits tend to be eliminated in the long run.
Options D and E describe monopoly or perfect competition, not monopolistic competition.
Thus, A, B, and C correctly describe monopolistic competition.


問題 #79
What is one of the three primary strategies that nonfinancial companies use to cope with currency risks?

答案:B

解題說明:
InGlobal Economics for Managers,strategic hedgingis identified as one of the three primary strategies that nonfinancial companies use to cope with currency risk, making option B the correct answer. Currency risk arises when fluctuations in exchange rates affect a firm's revenues, costs, assets, or liabilities denominated in foreign currencies. Managing this risk is a critical component of global business decision making.
Strategic hedging involvesstructuring operations and transactions to offset currency exposures naturally
, rather than relying solely on financial instruments. This may include matching currency inflows and outflows, diversifying production and sourcing across multiple countries, or pricing products in local currencies. By aligning revenues and costs in the same currency, firms reduce their net exposure to exchange rate movements.
Option A refers to distribution choices and does not directly address currency risk management. Option C, keeping low inventories, is an operational efficiency tactic but does not systematically reduce exchange rate exposure. Option D, reducing currency liabilities, may lower exposure in certain cases but is not considered one of the three primary strategies outlined in managerial economics frameworks.
Global Economics for Managerstypically categorizes currency risk management strategies intofinancial hedging, strategic (operational) hedging, and pricing strategies. Among these, strategic hedging is especially important for nonfinancial firms because it integrates risk management into long-term operational decisions rather than treating it as a purely financial problem.
For managers, understanding strategic hedging helps ensure more stable cash flows, improved forecasting, and reduced vulnerability to currency volatility. Therefore, option B correctly identifies a primary strategy used by nonfinancial companies to cope with currency risks.


問題 #80
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