________ is the cross-border purchase of assets that are then managed in a way that hides the movement of money and its ownership.
A) Capital flight
B) Capital mobility
C) Irrational exuberance
D) Money laundering

Question

Quizplus · Accepted Answer

Money laundering involves the cross-border movement of assets, which are then managed in a way that obscures their origins and ownership. This is often done to conceal illegal activities, such as tax evasion, corruption, or organized crime. Capital flight (A) refers to the movement of assets out of a country due to political or economic instability, while capital mobility (B) refers to the ability of assets to move freely across borders. Irrational exuberance (C) describes a situation where financial markets become overvalued due to excessive optimism and speculation.

________ Is the Cross-Border Purchase of Assets That Are Then