What Is "Capital Flight" as It Relates to the Underdeveloped

question 34

Multiple Choice

What is "capital flight" as it relates to the underdeveloped world?

• A) Imperfect flows of information hinder investment opportunities in the underdeveloped world.
• B) Banks in the underdeveloped world are inadequately connected to the developed world.
• C) Wealthy individuals and firms invest and deposit monies in developed countries.
• D) Educated people migrate to developed countries.
• E) Investments are made in airports to improve transportation infrastructure

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Definitions:

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Multiculturalism

Term that became prominent in the 1990s to describe a growing emphasis on group racial and ethnic identity and demands that jobs, education, and politics reflect the increasingly diverse nature of American society.

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