What is "capital flight" as it relates to the underdeveloped world?
A) Imperfect flows of information hinder investment opportunities in the underdeveloped world.
B) Banks in the underdeveloped world are inadequately connected to the developed world.
C) Wealthy individuals and firms invest and deposit monies in developed countries.
D) Educated people migrate to developed countries.
E) Investments are made in airports to improve transportation infrastructure
C
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