Secretive and hidden from taxation,as much as 60% of the world's money lies in offshore financial centers distributed throughout the world's
A) microstates and islands.
B) rogue states.
C) core.
D) periphery.
E) export processing zones.

Question

Quizplus · Accepted Answer

Offshore financial centers are often located in small microstates and islands, which have more lenient tax laws and regulations. Therefore, choice A is the best option.

Secretive and Hidden from Taxation,as Much as 60% of the World's