What Do We Call the Economic Resources That Are Transferred

question 51

Multiple Choice

What do we call the economic resources that are transferred from migrants to family members or institutions in their country of origin?

• A) smuggling
• B) remittances
• C) transactions
• D) economic diversification

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Definitions:

Marginal Revenue

The incremental revenue resulted from the sale of one more product or service unit.

Total Revenue

The entire amount of income generated by the sale of goods or services.

Color Printer

A device for printing documents and images in color, using a combination of ink or toner.

Exclusive Right

A legal provision or contract granting a party sole authority to use, sell, or license a particular product, service, or intellectual property.