Global-Economics-for-Managers最新な問題集、Global-Economics-for-Managers基礎問題集Global-Economics-for-Managers準備資料で20〜30時間学習した直後に、今後の試験に自信を持つことができるという誇張はありません。数万人のお客様が弊社の試験資料の恩恵を受けて、簡単に試験に合格しました。データは、私たちのハイパス率が信じられないほど98%から100%であることを示しました。間違いなく、あなたの成功はGlobal-Economics-for-Managersトレーニングガイドで100%保証されています。リンクをクリックするだけで概要を表示できるのが便利であり、あらゆる種類のGlobal-Economics-for-Managersバージョンを体験できます。 WGU Global Economics for Managers (C211, UZC2) 認定 Global-Economics-for-Managers 試験問題 (Q24-Q29):質問 # 24
What is one of the three primary strategies that nonfinancial companies use to cope with currency risks?
A. Using foreign dealers for their goods
B. Strategic hedging
C. Keeping low inventories
D. Reducing currency liabilities
正解:B
解説:
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.
質問 # 25
What is deadweight cost?
A. A government payment to a domestic firm
B. A tariff levied on imports that are selling below cost in order to unfairly drive domestic firms out of business
C. The lost potential from pursuing one activity at the expense of another, given the alternatives
D. A net loss that occurs in an economy as a result of tariffs
正解:D
解説:
InGlobal Economics for Managers,deadweight cost (or deadweight loss)is defined asa net loss that occurs in an economy as a result of tariffs or other market distortions, making option D the correct answer.
Deadweight cost represents the reduction in total economic surplus-consumer surplus plus producer surplus-that is not offset by gains to any other group, including the government.
When a tariff is imposed on imported goods, domestic prices rise above world prices. As a result, consumers purchase less of the good and pay higher prices, while domestic producers may increase output despite being less efficient than foreign producers. Although the government collects tariff revenue, this revenue does not fully compensate for the loss experienced by consumers and the misallocation of resources. The portion of lost surplus that is not transferred to producers or the government is the deadweight cost.
Option A is incorrect because a government payment to a domestic firm refers to asubsidy, not a deadweight cost. Option B describes ananti-dumping tariff, which is a specific trade policy instrument rather than a definition of deadweight cost. Option C definesopportunity cost, a fundamental economic concept distinct from deadweight loss.
From a managerial perspective,Global Economics for Managersemphasizes that deadweight costs signal economic inefficiency. Tariffs distort price signals, encouraging production in higher-cost domestic industries and discouraging consumption that would otherwise generate value. These inefficiencies reduce overall economic welfare and can lead to retaliation by trading partners, further magnifying losses.
Understanding deadweight cost is essential for managers operating in global markets, as it explains why protectionist policies often reduce national and global welfare despite benefiting specific interest groups.
Thus, option D accurately reflects the definition and economic significance of deadweight cost in international trade analysis.
質問 # 26
Which situation illustrates the proposition that when formal constraints are unclear or fail, informal constraints play a larger role in reducing uncertainty and providing constancy to firms?
A. A firm follows strict environmental practices despite lax local laws
B. Firms relocating overseas due to a new domestic tax policy
C. Choosing a headquarters location based on cost of living, airports, and tax credits
D. Firms entering gray markets due to high taxes
正解:A
解説:
InGlobal Economics for Managers, one core proposition of the institution-based view is thatwhen formal constraints are weak or unclear, informal constraints become more influential, making option D the correct illustration.
In option D, although local laws allow firms to bypass certain environmental safety standards, company leaders choose not to do so because ofdeep ethical values and social responsibility norms. These informal constraints-values, moral commitments, and corporate culture-guide behavior in the absence of strong formal enforcement.
Option A reflects rational economic decision making within clear formal rules. Option B illustrates response to formal policy change. Option C involves avoidance of formal rules rather than reliance on informal constraints.
Thus, option D best demonstrates how informal institutions substitute for weak formal institutions in guiding firm behavior.
質問 # 27
Who are the primary and largest participants in the foreign exchange market?
A. Multinational manufacturing firms
B. Central banks
C. Individual currency traders
D. Large international banks
正解:D
解説:
InGlobal Economics for Managers,large international banksare identified as theprimary and largest participants in the foreign exchange (FX) market, making option C correct. These banks serve as market makers, facilitating currency transactions for governments, corporations, institutional investors, and other financial entities.
International banks dominate FX trading because they possess extensive global networks, large capital reserves, and advanced information systems. They quote buy and sell prices for currencies, provide liquidity, and execute transactions on behalf of clients. Much of the FX market operates through interbank trading, where major banks trade currencies among themselves.
While central banks (option B) are influential participants-particularly through monetary policy and intervention-they do not account for the majority of daily trading volume. Multinational firms and individual traders participate primarily for hedging or speculative purposes, but their transaction volumes are much smaller.
Understanding the role of international banks helps managers assess exchange rate movements, liquidity conditions, and transaction costs in global markets. Therefore, option C correctly identifies the largest participants in the foreign exchange market.
質問 # 28
If the demand for a good is inelastic, what is true?
A. Quantity demanded responds only slightly to price changes
B. Price and total revenue move in opposite directions
C. Consumers are highly sensitive to price changes
D. Quantity demanded responds substantially to price changes
正解:A
解説:
InGlobal Economics for Managers, demand isinelasticwhenquantity demanded responds only slightly to changes in price, making option B correct.
Inelastic demand is common for necessities, goods with few substitutes, or goods that represent a small portion of income. When demand is inelastic, price and total revenue move in the same direction.
Options A, C, and D describe elastic demand.
Thus, option B correctly defines inelastic demand.