What Are Remittances

question 91

Multiple Choice

What are remittances?

• A) undocumented immigrants who are caught and sent home
• B) zones, particularly in urban areas, where immigrants often cluster
• C) money migrants send back home
• D) waves of migration caused by push factors
• E) involuntary migrants who are forced to work for low wages

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Definitions:

Monopoly

A market structure characterized by a single seller or producer dominating the entire market, often leading to limited consumer choice and higher prices.

Gross Domestic Product

The total value of all goods and services produced within a country's borders in a specific time period, used as a broad measure of economic activity.

Additional Education

Refers to further formal or informal learning undertaken after completing a level of education, to enhance skills or gain new knowledge.

Workforce

The pool of individuals in a country or company eligible for and engaged in employment, including both employees and those seeking employment.