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MANAGERS (OA) EXAM QUESTIONS AND
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ANSWERS 2024/2025
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THIS EXAM CONTAINS
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C211 GLOBAL ECONOMICS
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MANAGERS (OA) EXAM
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QUESTIONS AND ANSWERS
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1|P a g e
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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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ii opportunities
e. A trading of goods and services between the most and least
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ii regulated countries ii
2. What are two trade barriers? Choose two answers.
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a. Nontariffs
b. Foreign languages i
c. The ocean ii
d. Tariffs
e. Shipping
3. What is the effect of tariff on a particular product for the country imposing the
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ii tariff?
a. Increases domestic production of the product ii i ii ii ii
b. Decreases the deadweight cost of the country i ii ii ii ii ii
c. Increases domestic consumption of the product ii i ii ii i
d. Decreases government trade revenues ii i ii
4. Which benefits come to the host country as a result of foreign direct investment?
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Choose two answers. ii ii
2|P a g e
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, a. Sovereign stability
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b. Capital outflow
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3|P a g e
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