Which of the Following Is the Largest Source of Foreign-Exchange

question 58

Multiple Choice

Which of the following is the largest source of foreign-exchange income in Mexico?

• A)FDI
• B)tourism
• C)foreign aid
• D)remittance income

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Definitions:

Fully Depreciated

The status of an asset after its cost has been completely written off over its useful life.

Accumulated Depreciation

The total amount of a tangible asset's cost that has been allocated as depreciation expense since the asset was put into use.

Equipment

Tangible assets used in the operation of a business to produce goods or provide services, not intended for sale.

Revenue Expenditure

Costs that are expensed in the income statement in the period in which they are incurred, typically related to the day-to-day operating expenses.