Capital flight refers to
A)the movement of workers across international borders in response to exchange rate changes.
B)the movement of funds between financial intermediaries when interest rates change.
C)the ability of foreign direct investment to lift a country out of poverty.
D)a large and sudden movement of funds out of a country.

Question

Quizplus · Accepted Answer

Capital flight refers to a situation when there is a sudden and significant outflow of funds from a country due to economic or political reasons. This can lead to a depreciation of the currency, a decrease in foreign investment, and a decline in economic activity in the country.

Capital Flight Refers to