Question

The United Nations was the first multinational institution to govern FDI beginning in the 1930s. True False

Answer 1

Answer:

True.

Explanation:

The given statement asserts a true claim that the U.N. turned out to be the first Multinational Institution for administering the beginning of Foreign Direct Investment in the early twentieth century. During the 1930s, the foreign direct investment dropped significantly after the 'Great Depression.' Therefore, the United Nations took the initiative to bring the world out of this financial crisis by overviewing the investments across the globe and assessed the nations having maximum participation in FDI and their activities. Thus, the statement is true.