Capital Flight Is a Phenomenon in Which a Large Number

question 75

Multiple Choice

Capital flight is a phenomenon in which a large number of individuals and companies exchange _____.

• A) domestic goods for gold 
• B) gold for domestic goods 
• C) foreign currency for a domestic currency 
• D) domestic currency for a foreign currency

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Definitions:

Transnational Strategy

A business strategy that involves operating in several countries while optimizing flexibility and local responsiveness.

Knowledge Flow

The process through which information and expertise are disseminated within and between organizations, teams, or individuals.

Locally Responsive

A strategy where a company adapts its products, services, and business practices to meet the needs and preferences of local markets.

Global Strategy

A business strategy that involves operating in multiple countries and coordinating marketing, operations, and finance activities to achieve global objectives.