What Are Remittances

question 27

Multiple Choice

What are remittances?

• A) the transfers of money from foreign workers to their home country
• B) grants given for development aid
• C) the profits made from FDI
• D) interest rate paid to the IMF
• E) a crawling peg exchange system

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Definitions:

Legal Term

A phrase or word that has a specific, established meaning within the legal system.

Insanity

Legally and psychiatry, it refers to a mental illness of such a severe nature that a person cannot distinguish fantasy from reality, conduct their affairs due to psychosis, or is subject to uncontrollable impulsive behavior.

Diagnostic

Pertaining to the identification of the nature or cause of a health problem through examination of the symptoms.

Psychological Disorders

Mental health conditions characterized by disturbances in thought, emotion, or behavior, leading to distress or impaired functioning.