If High Level of Corruption in a Country Deters Foreign

question 152

Multiple Choice

If high level of corruption in a country deters foreign investment in worthy projects, this is known as

• A)portfolio investment.
• B)moral hazard.
• C)foreign direct investment.
• D)adverse selection.

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Definitions:

Blackjack

A casino card game where players attempt to reach a hand value as close to 21 as possible without exceeding it.

Standard Deviation

A statistical measure that quantifies the variation or dispersion of a set of data values.

Risk-averse

Refers to the preference of an individual or entity to avoid risk rather than facing it, often choosing options with more predictable and less risky outcomes.

Expected Income

The amount of money one anticipates earning over a certain period, factoring in various possible outcomes.