4338EconomicsMedium
When economists talk about developing countries experiencing flight of capital they mean?
APeople investing their money in urban business rather than agriculture
Bmoney lent to the country being immediately invested abroad
Cmoney moving around financial institutions rather than being invested in production
Dpeople investing money abroad rather than in their own country
Correct answer
D. people investing money abroad rather than in their own country
Explanation
The correct answer is people investing money abroad rather than in their own country.