TestBanks Chapter 01: Trade in the Global Economy 1 = What country was the world's largest exporter of goods in - 2012? @ China O Germany O the United States 0 Japan 2 = Which of the following is a trade flow? 0 Robert Feenstra purchases $100 million of British treasury bonds. 0 Robert Feenstra purchases a yogurt factory in France. @ Neither of Robert Feenstra's purchases is considered a trade flow. 0 Both of Robert Feenstra's purchases are considered trade flows. 3 = Currently, which of the following countries is the world's - largest exporter of goods (in dollar volume)? @ China 0 the United States 0 Japan 0 Germany 4 = Currently, which of the following countries is the world's - largest exporter of goods and services (in dollar volume)? 0 China @ the United States O Japan 0 Germany 5 = What is the term for a