Which of the following was the number one destination for foreign direct investments in 2010?
A. China
B. The European Union
C. Taiwan
D. Mexico
E. The United States
Answer: E
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The World Trade Organization was preceded by the ________ and both have worked to ________
a. International Monetary Fund; increase tariffs and encourage free trade b. General Agreement on Tariffs and Trade; decrease tariffs to encourage free trade c. General Agreement on Tariffs and Trade; increase tariffs and encourage free trade d. International Monetary Fund; decrease quotas and discourage free trade e. World Bank; fix exchange rates and increase tariffs
In the United States, the top one-fifth (or 20 percent) of income recipients earns
a. about the same as its percentage of the population. b. about a quarter (~25 percent) of all income. c. about half (~50 percent) of all income. d. about two-thirds (~67 percent) of all income.