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In the past, the United States manufactured clothes. Many clothing corporations have shut down their U.S. factories and relocated to China. This is an example of:

conflict theory
OECD
global inequality
capital flight

2 Answers

5 votes

This is an example of capital flight.

User Jerluc
by
7.6k points
5 votes

this is capital flight.

because the "assets and money" is being flown out of the country and relocated.

User Kiran Parajuli
by
7.9k points
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