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adoni [48]
3 years ago
15

What drawbacks do remittances have according to some economists?

History
1 answer:
KIM [24]3 years ago
8 0

Answer: Remittances can increase the consumption of nontradable goods, raise their prices, appreciate the real exchange rate, and decreases exports, thus damaging the receiving country's competitiveness in world markets.

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3 0
3 years ago
Read 2 more answers
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