The developing area receiving the largest share of direct foreign investment is

Needs-tested spending is best described as

A) spending on programs that entitle qualified persons and businesses to receive benefits. B) spending on programs that have been tested in some manner. C) spending on programs that have proven over time to be sound investments. D) spending on programs that are considered necessities (needed) according to surveys of the public. E) not spending at all but a reference to the reliability of budget.

Under the Bretton Woods exchange rate system, ________ could sell their dollars to the American government in exchange for gold

A) American citizens B) foreign central banks C) foreign citizens D) all of the above