Asked by
DAVID CASTRO
on Nov 05, 2024Verified
Remittances sent from developed countries are estimated at approximately ________ per year.
A) $2 million
B) $50 million
C) $100 billion
D) $5 trillion
Remittances
Money sent by migrants to their home countries, usually to support family members.
Developed Countries
Nations with highly advanced economies, characterized by high per capita income, strong infrastructure, and widespread industrial activity.
- Provide insights into actions to spur economic growth in developing regions.
- Explain the role of international and financial institutions in promoting economic development.
Verified Answer
DB
Learning Objectives
- Provide insights into actions to spur economic growth in developing regions.
- Explain the role of international and financial institutions in promoting economic development.