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LiRa [457]
4 years ago
6

Nawal studied medicine at her university in Egypt. Although she can work as a doctor in Egypt, she is enticed by the high wages

and opportunities offered in other countries. What term refers to the phenomenon of many skilled professionals like Nawal leaving their country of origin?
Social Studies
1 answer:
RideAnS [48]4 years ago
3 0

Answer:

Human Capital Flight or Brain Drain.

Explanation:

Human capital flight term refers to the emigration of people who have achieved advanced education in the country of origin.  It has its advantages and disadvantages, the countries where these people are moving gains highly skilled individuals who help them in developing their country in a better way. The con is that the native country losses the skilled professional which led the country to underdeveloped .

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There will be <em>no depreciation (shift)</em> <em>because</em> it is not an open market FX floating rate exchange

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All over the world, some countries operate <em>floating rate exchange policy</em> in which the value of <em>a currency increases or decreases based on demand and supply in the forex market.</em>

In the case of <em>Central African CFA</em> (XAF), there would <em>not be a shift in the value of the currency in the FX market as a result of the currency value being controlled rigidly (Non-floating rate exchange method) irrespective of the political scandal in some areas of the region or not. </em>This is also similar to the situation where by a country in the CFA region still has a <em>stable currency exchange rate against Euro irrespective of the terrorism activities or economic situation they are passing through at that particular point in time.</em>

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