What is a criticism of remittances?
A) They drain resources in the developed world.
B) They are often used for conspicuous consumption.
C) Municipal governments often tax them at exorbitant rates.
D) They spread global inequality.
E) They hinder rural-to-urban migration.

Question

Quizplus · Accepted Answer

The criticism of remittances is that they are often used for conspicuous consumption, such as buying luxury goods, rather than being invested in productive assets or used for development purposes.

What Is a Criticism of Remittances