Most Foreign Assets in the U

question 6

Multiple Choice

Most foreign assets in the U.S.are ___________; most U.S.assets abroad are ________.

• A) direct investment; direct investment
• B) direct investment; foreign securities
• C) U.S. securities; direct investment
• D) U.S. securities; foreign securities

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Definitions:

Duce Tecum Subpoenas

Legal orders requiring a person to produce documents or records before a court or legal proceeding.

Code of Federal Regulations

A collection of the general and permanent rules published in the Federal Register by the departments and agencies of the Federal Government of the United States.

Discretionary Powers

Authority granted to individuals or bodies to make decisions and act according to their judgment and wisdom within the bounds of their legal authority, often seen in administrative and government contexts.

Ministerial Nature

Pertains to duties or functions that are performed according to prescribed procedures or laws, without room for personal judgment or discretion.