Which of the following term is used for money sent out of politically and economically unstable…
Flight Capital (or capital flight) refers to the rapid, large-scale outflow of financial assets and money from politically or economically unstable countries (suffering from…
Choose your answer
Which of the following term is used for money sent out of politically and economically unstable countries by investors in search of a safe haven ?
Answer and explanation
Correct answer D
Flight Capital (or capital flight) refers to the rapid, large-scale outflow of financial assets and money from politically or economically unstable countries (suffering from war, hyperinflation, currency devaluation, or expropriation risk) as investors seek a safe haven abroad.
Practice for these exams
-
UGC NET Management