Asked by Taylor Johnson Mathias on Jun 11, 2024
Verified
Most remittances flow toward
A) European nations.
B) advanced industrial nations.
C) developing nations.
D) North America.
Remittances
Money sent by migrants to their home country or region, usually to family members, contributing significantly to the economy of the recipient area.
Industrial Nations
Countries that have a developed industrial base and a significant level of economic activity in the manufacturing sector.
Developing Nations
Countries with a lower standard of living, underdeveloped industrial base, and lower Human Development Index relative to other countries.
- Examine the effects of remittances on the economic health of countries with high emigration rates.
Verified Answer
NB
Nekaybaw BrownJun 14, 2024
Final Answer :
C
Explanation :
Most remittances flow toward developing nations, where they often represent a significant source of income for families and can have a substantial impact on the local economy.
Learning Objectives
- Examine the effects of remittances on the economic health of countries with high emigration rates.