You know what it looks like… but what is it called?
TAKE THE QUIZ“flag of”
The following 2 entries include the term flag of.
flag of convenience
noun phrase: registry of a merchant ship under a foreign flag in order to profit from less restrictive regulations
flag of truce
noun phrase: a white flag carried or displayed to an enemy as an invitation to conference or parley
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Merriam-Webster unabridged