Crossword Genius

Where, abroad, it's unwise to back one's fancy? (5)

Ross

I believe the answer is:

tibet

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'where abroad it's unwise to back one's fancy?' is the definition.
The answer is a location as well as being a singular noun. This is suggested by the definition.

'where abroad it's unwise to back' is the wordplay.
'where' becomes 'tib' (I can't explain this - if you can you should believe this answer much more).
'abroad' indicates anagramming the letters (abroad can mean moving around).
'to back' says to take the final letters (the letter at the back).
The last letters of 'it unwise' are 'te'.
'te' with letters rearranged gives 'et'.
'tib'+'et'='TIBET'

Can you help me to learn more?

(Other definitions for tibet that I've seen before include "Asian plateau region" , "Himalayan country" , "hilly region" , "Land of the Dalai Lama" , "Himalayan land" .)

I've seen this clue in the Evening Standard.
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