diff --git a/packages/cli/src/loader.js b/packages/cli/src/loader.js
index 8e139c353..cd03ef14e 100644
--- a/packages/cli/src/loader.js
+++ b/packages/cli/src/loader.js
@@ -17,11 +17,11 @@ function getCustomLoaderPlugins(url, body, headers) {
 
 // https://nodejs.org/docs/latest-v16.x/api/esm.html#resolvespecifier-context-nextresolve
 export function resolve(specifier, context, defaultResolve) {
-  const { baseURL } = context;
+  const { parentURL } = context;
 
   if (getCustomLoaderPlugins(specifier).length > 0) {
     return {
-      url: new URL(specifier, baseURL).href,
+      url: new URL(specifier, parentURL).href,
       shortCircuit: true
     };
   }
diff --git a/test/test-loader.js b/test/test-loader.js
index 3d7177ffa..e0d9cb7be 100644
--- a/test/test-loader.js
+++ b/test/test-loader.js
@@ -2,7 +2,7 @@
 // https://github.com/nodejs/node/discussions/41711
 import fs from 'fs';
 import path from 'path';
-import { load as experimentalLoad } from '../packages/cli/src/loader.js';
+import { load as experimentalLoad, resolve as experimentalResolve } from '../packages/cli/src/loader.js';
 
 export async function load(url, context, defaultLoad) {
   const ext = path.extname(url);
@@ -14,6 +14,16 @@ export async function load(url, context, defaultLoad) {
   }
 }
 
+export function resolve(specifier, context, defaultResolve) {
+  const ext = path.extname(specifier);
+
+  if (ext === '') {
+    return experimentalResolve(specifier, context, defaultResolve);
+  } else {
+    return defaultResolve(specifier, context, defaultResolve);
+  }
+}
+
 async function loadBin(url, context, defaultLoad) {
   const dirs = path.dirname(url.replace(/[A-Z]:\//g, '')).split('/');
   const parentDir = dirs.at(-1);