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Law Incorporation [45]
3 years ago
5

Which of the following statements about remittances is false?

Geography
2 answers:
lakkis [162]3 years ago
7 0
B i think not for sure
yaroslaw [1]3 years ago
5 0

Answer:

B.  Remittances create purchasing power in the home country.

Explanation:

  • A remittance is the transfer money by a foreign worker to an individual in the home country, as a type of international trade as the inflow to the developing nation. The remittance cover about 2.7 % of the GDP of the Indian economy in 2017.  Countries like the Takistan get over half of there GDP by the national remittances.
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