Which of the Following Is a True Statement

question 111

Multiple Choice

Which of the following is a true statement?

• A) Direct foreign investment to DVCs is increasingly provided by commercial banks.
• B) Direct foreign investment to DVCs has dwindled to near zero in recent years.
• C) Approximately 5 percent of the GDP of IACs goes to foreign aid.
• D) Foreign aid from the IACs to the DVCs has greatly expanded in the past several years.

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Definitions:

Limited Jurisdiction

Limited jurisdiction refers to courts that are restricted in the types of legal matters they can hear and decide, often specializing in certain areas of law.

Small Claims Court

A specialized court that deals with disputes involving a limited amount of money, usually offering a faster and less formal setting than other courts.

Long-arm Statute

A state statute that grants to a state’s courts broad authority to exercise jurisdiction over out-of-state persons who have contacts with the state.

Principal Place of Business

The primary location where a company's business is conducted or managed.