The Freedom of …………………………... allows the people to transfer or invest their money to other member states. transportation capital movement shipping
Question
The Freedom of …………………………...
allows the people to transfer or invest their money to other member states.
- transportation
- capital
- movement
- shipping
Solution
The correct phrase is "The Freedom of Movement allows the people to transfer or invest their money to other member states."
Explanation
Freedom of movement is a fundamental principle in various jurisdictions, particularly within the context of the European Union (EU). This principle permits individuals and businesses to move freely across member states, facilitating not just the physical movement of people but also the investment of capital. The ability to transfer funds without restrictions promotes economic growth, cohesiveness amongst member states, and enhances the interconnectedness of markets.
Transportation refers mainly to the physical movement of people and goods, while capital movement specifically relates to the transfer of funds across borders. Shipping generally pertains to the transport of goods over water. Therefore, in this context, "movement" encompasses a broader range of financial transactions that contribute to economic integration and cooperation among member states.
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