Author Question: What is capital flight? What will be an ideal response?[br][br][b][color=gray]Question ... (Read 112 times)

craiczarry · **on:** Jun 29, 2018

What is capital flight?

What will be an ideal response?

Question 2

________ is the ability of an individual, a firm, or a country to produce a good or service at a lower opportunity cost than competitors.

A) Autarky B) Absolute advantage
C) Comparative advantage D) Specialization

GCabra · **Reply #1 on:** Jun 29, 2018

Answer to Question 1

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.

Answer to Question 2

C