When Foreign Investors in Thailand Began to Realize That Thailand

question 8

Multiple Choice

When foreign investors in Thailand began to realize that Thailand could not maintain its peg to the dollar indefinitely,they began to ________ in Thailand and exchange ________.This change in investment by foreigners is termed capital flight.

• A)purchase more investments; dollars for baht to purchase these investments
• B)sell off their investments; the baht they received for dollars
• C)sell off their investments; the dollars they received for baht
• D)purchase more investments; baht for dollars to purchase these investments

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Definitions:

Legal System

The comprehensive framework of rules and institutions established by a society to regulate conduct, resolve disputes, and enforce laws.

Law of Equity

A branch of law that deals with fairness, rectifying wrongs, and providing remedies that are not available in common law.

Law and Morality

Refers to the relationship and distinction between the legal rules governing a society and the ethical principles that underlie them.

Stare Decisis

The legal principle of determining points in litigation according to precedent, maintaining consistency and predictability in the law.