By forming a cartel the member firms can actually raise their profits

Which of the following statements best reflects behavioral economists' views on self-interest versus the interests of others?

A. Self-interest dominates human behavior; even seemingly selfless behavior is driven by self-interest. B. Most people care so deeply about others that self-interest is a minor consideration in their decision making. C. The system is most efficient when people focus solely on their self-interest and allow the invisible hand to work out what is best for society. D. People are always self-interested to a degree, but their behavior is also affected by moral and ethical considerations.

During 2015-2017 China was the largest recipient of direct investment flows in the world.

Answer the following statement true (T) or false (F)