The republic of monaslu has the world's most efficient car manufacturing industry, while the country of ingora has the world's most efficient electronics industry. the republic of monaslu trades cars with ingora in exchange for consumer electronics. this form of trade between the two countries illustrates multiple choicea. the heckscher-ohlin theory. b. the mercantilist doctrine. a zero-sum game. c. the product life-cycle theory. d. the theory of absolute advantage.

Regarding the flow of costs through the inventory accounts, which of the following statements is incorrect? a. the costs flow from raw materials inventory to work-in-process inventory to finished goods inventory. b. the format for computing the amount used, manufactured, or sold is the same for all three inventory accounts. c. the final amount at each stage is added at the beginning of the next stage. d. purchases of raw material and freight in are debited to the work-in-process inventory account.