Foreign direct investment in the United States declined 42 percent in the first quarter of 2009.This means that
A)people or firms in other countries reduced their purchases of stocks and bonds in the United States by 42 percent in the first quarter of 2009.
B)people or firms in the United States reduced their purchases of stocks and bonds in foreign countries by 42 percent in the first quarter of 2009.
C)people or firms in other countries reduced their building of facilities or purchases of facilities in the United States by 42 percent in the first quarter of 2009.
D)people or firms in the United States reduced their building of facilities or purchases of facilities in foreign countries by 42 percent in the first quarter of 2009.

Question

Quizplus · Accepted Answer

Foreign direct investment refers to a company or individual from one country making an investment in another country. Therefore, Choice C, which states that people or firms in other countries reduced their building of facilities or purchases of facilities in the United States by 42 percent in the first quarter of 2009, is the correct answer.

Foreign Direct Investment in the United States Declined 42 Percent