alleryWhat are funds sent home by migrant workers called?
ARoyalties
BSubsidies
CDividends
DRemittances
Answer & Solution
Correct answer: D. Remittances
Money earned abroad and remitted to families in the home nation constitutes remittances.
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What cultural impact often occurs in migrant destination areas?How can return migration benefit the country of origin?What is a problem for origin areas losing skilled workers?What pull factor draws professionals to host countries?Which factor pushes skilled talent to emigrate?What term describes a destination's gain of skilled workers?What term describes the large loss of trained professionals?How can remittances aid families in the origin area?