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Question 1 8 pts A high-fashion clothing firm from the United States invests in a fabric processing plant in Indonesia. This is an example

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Question 1 8 pts A high-fashion clothing firm from the United States invests in a fabric processing plant in Indonesia. This is an example of A) an absolute advantage. B) stock consolidation. C) foreign direct investment. D) product differentiation. E) market segmentation. Economic arguments for government intervention in trade are usually concerned with A) protecting the interests of certain consumer groups. B) protecting the interests of certain producer groups. C) boosting the overall wealth of a nation. D) protecting the environment. E) enhancing human rights. When a country in Africa is importing more goods and services than it is exporting, it is incurring a(n) A) trade surplus. B) current account deficit. C) positive balance of payment. D) outward FDI. E) net capital inflow.

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