Which of the following terms refers to a large and sudden movement of funds out of a country?
A)arbitrage
B)capital flight
C)crowding out
D)capital mobility

Question

Quizplus · Accepted Answer

Capital flight refers to the sudden movement of funds out of a country, which can be caused by economic instability or political uncertainty. This can have negative impacts on the country's economy, such as a decrease in investment and a devaluation of the currency.

Which of the Following Terms Refers to a Large and Sudden