Answer to Question #135585 in Other Geography for Daphney

Question #135585

What is meant by capital flight as a result of the operations of Transnational corporations?



1
Expert's answer
2020-09-29T03:42:39-0400

Capital flight as a result of the operations of Transnational corporations is a rapid outflow of assets or money due to globalization processes. Transnational corporations represent businesses that have sufficient impact on economies of countries. Their operation often leads to capital flight.


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