Throughout the 1990s, the Amount of Foreign Direct Investment Directed

question 8

Multiple Choice

Throughout the 1990s, the amount of foreign direct investment directed at both developed and developing nations increased dramatically. This trend reflects

• A) a slowdown in global economic activity.
• B) the increasing share of the United States in the total FDI stock.
• C) the decline in cross-border flows of foreign direct investment.
• D) the increasing internationalization of business corporations.

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Definitions:

Total Federal Income Tax

The sum of all taxes owed to the federal government by an individual or entity in a fiscal year after deductions and credits.

FICA-OASDI

Stands for Federal Insurance Contributions Act - Old Age, Survivors, and Disability Insurance; it's a payroll tax that funds Social Security and Medicare in the United States.

FICA-Medicare

A portion of the Federal Insurance Contributions Act tax that funds Medicare, a federal health insurance program for people who are 65 or older and certain younger people with disabilities.

Net Pay

The amount of money an employee receives after deductions such as taxes and retirement contributions are subtracted from the gross pay.