Which one of the following statements about capital flight is correct?

Question

A. Capital flight refers to the tendency of developing countries to overinvest in commercial aircraft.
B. Capital flight refers to developing countries' citizens accumulating or investing their savings in the industrially advanced
countries.
C. Capital flight refers to the high international mobility of speculative funds caused by variations in exchange rates.
D. Capital flight refers to the tendency of large corporations of industrially advanced countries to build new plants in the
developing countries because labor is cheaper.

My answer is B

Answer 1

I agree with you.