When Foreign Investors in Thailand Began to Realize That Thailand

question 109

Multiple Choice

When foreign investors in Thailand began to realize that Thailand could not maintain its peg to the dollar indefinitely,they began to sell off their investments in Thailand and exchange the baht they received for dollars.This reduction in investment by foreigners is termed

• A)foreign direct investment.
• B)capital flight.
• C)capital inflow.
• D)stabilizing capitalization.

---

Definitions:

Synchondrosis

A type of cartilaginous joint where bones are joined by hyaline cartilage, allowing for growth or flexibility.

Hyaline Cartilage

A type of strong but pliable cartilage found in areas such as the nose, trachea, and at the ends of long bones where it reduces friction and absorbs shock.

Synchronous

Occurring at the same time or rate; in synchronization.

Fibrous

Composed of or characterized by fibres, especially in the context of connective tissues.