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In Economics / Senior High School | 2025-05-29

15. Which president is known for the increase in foreign direct investment (FDI) due to an anti-corruption campaign and infrastructure reforms?
A. Ferdinand Marcos Sr.
B. Gloria Macapagal Arroyo
C. Benigno "Noynoy" Aquino III
D. Rodrigo Duterte

Asked by kakaicalilong6342

Answer (1)

The answer is letter C. Benigno “Noynoy” Aquino IIIPresident Benigno Aquino III promoted transparency and good governance. His administration’s "Daang Matuwid" (Straight Path) campaign aimed to reduce corruption and make government spending more accountable. This attracted more foreign investors who were looking for safer places to do business.FDI increased during his term, especially in sectors like electronics, business process outsourcing (BPO), and manufacturing. It showed that international businesses value stability, fairness, and reliable leadership.

Answered by MaximoRykei | 2025-05-31