Remittances of Mexican workers in the U.S. to their families in Mexico are included in the U.S. balance of payments in the section on

Question

Quizplus · Accepted Answer

Remittances are considered net transfers, as they represent transfers of funds from one country to another by individuals, without an exchange in goods or services. Net transfers are a component of the U.S. balance of payments, which measures all economic transactions between the U.S. and foreign countries.

Remittances of Mexican Workers in the U