The Average Yearly Outflow of FDI Increased from About $25

question 38

Multiple Choice

The average yearly outflow of FDI increased from about $25 billion in 1975 to a record of _______________ in 2007,though it has fallen more recently.

• A) $500 billion
• B) $73 billion
• C) $1 trillion
• D) $2 trillion
• E) $11 trillion

---

Definitions:

Payoff

Value associated with a possible outcome.

Optimal Strategy

Strategy that maximizes a player’s expected payoff.

Auctioned

A method of sale where goods or services are sold to the highest bidder.

Highest Bidder

The individual or party that offers the most money for an item in an auction or competitive bidding situation.