According to the savings and investment equation, if net foreign investment declines by $35 million

1. National savings minus domestic investment )(i.e. S=I) wil fall by $35 Million
2. National savings will rise by $35 million
3. Domestic investment will fall by $35 million
4. National savings minus domestic investments (i.e. S = i) will rise by $35 Million
5. Consumption will fall by $35 million.

My view is that domestic investment will fall by $35 million.