What is capital flight?
What will be an ideal response?
Capital flight is the tendency for both human capital and financial capital to leave developing countries in search of higher expected rates of return elsewhere with less risk.
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Refer to the figure below.________ inflation will eventually move the economy pictured in the diagram from short-run equilibrium at point ________ to long-run equilibrium at point ________,
A. Rising; B; C B. Falling; A; C C. Falling; A; B D. Rising; A; C
The multinational agency that specializes in making loans to developing nations in an effort to promote long-term development and growth is the
A) World Trade Organization. B) International Monetary Fund. C) World Bank. D) United Nations Development Program.
Generally, official poverty measures ignore
A. the impact of taxes. B. the value of in-kind transfers. C. the value of medical expenses that are paid by the government. D. all of these answer options are correct.
One of the objectives of supply-side policies is to
a. focus attention on the trade-off between inflation and unemployment. b. sharpen the trade-off between inflation and unemployment. c. eliminate the trade-off between inflation and unemployment. d. convince the public of the trade-off between inflation and unemployment.