Multiple Choice
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
Correct Answer:
Verified
Correct Answer:
Verified
Q29: What is the epicenter of the AIDS
Q30: Many LDCs took out large loans in
Q31: Which of the following is NOT TRUE?<br>A)
Q32: What does GDP per capita measure?<br>A) the
Q33: What region has the highest percentage of
Q35: When a developing world country carries "private
Q36: What is the best description of activities
Q37: What country has 1.3 billion people,is the
Q38: What are terms of trade?<br>A) the series
Q39: Public debt is owed to credit card