Capital flight from a country tends to reduce the value of the country's currency relative to other countries.

Name: Capital flight from a country tends to reduce the value of the country's currency relative to other countries.
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Question

Quizplus · Accepted Answer

Capital flight involves large sums of money being moved out of a country, which decreases demand for the country's currency on foreign exchange markets, leading to a reduction in its value relative to other currencies.

Capital Flight from a Country Tends to Reduce the Value