Question

The wealthy elite in less developed countries typically do not _____. invest in foreign companies consider security as one of the most important aspects of an investment regard overseas investment as superior to investment in their own country provide a significant amount of personal savings for domestic capital formation

Answer 1

The wealthy elite in less developed countries typically do not provide a significant amount of personal savings for domestic capital formation if the question must be worded as "do not." However, wealthy elites in less developed countries often DO regard security as important in their investments and therefore invest in foreign companies and overseas where there is greater security and growth potential for their investments.