21. Which of the following statements regarding the highlighted form of foreign direct investment is correct? New Foreign Direct Investment in the United States, 2020 Expenditures by foreign direct livestors to acquire, establish, or expand U.S. businesses totaled $120.7 billion (preliminary) in 2020. Expenditures were down 45.4 percent from $221.2 billion (revised) in 2019 and below the annual average of $314.4 billion for 2014-2019. As in previous years, acquisitions of existing businesses accounted for a large majority of total expenditures In 2020, expenditures for acquisitions were $116.3 billion, expenditures to establish new. U.S. businesses were $1.9 billion, and expenditures to expand existing foreign-owned businesses were $2.4 billion, Planned total expenditures, which include both first-year and planned future expenditures, were $135.8 billion n. Developing rather than developed countries are the recipient of inflows of this form of investment b. This form of investment represents about 50% of all flow of foreign direct investment c. This form of investment is a politically sensitive d. Countries many welcome this form of investment