The Decoupling of World Economic Order and the Move to a Multipolar

question 7

True/False

The decoupling of world economic order and the move to a multipolar world helps explain why China is now the world's largest recipient of FDI.

---

Definitions:

Total Materials Costs

The total expense incurred by a company for the materials that are used in the production process of its goods or services.

Manufacturing Cost

Direct expenditures involved in creating goods, such as components, employee wages, and additional production overhead.

Conversion Cost

The combination of labor and overhead costs incurred to convert raw materials into finished products.

Materials Cost

The total expense incurred in acquiring raw materials used in the manufacturing process of products.