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

Question

Quizplus · Accepted Answer

Remittances are considered as a transfer of income earned by Mexican workers in the U.S. and are included in the U.S. balance of payments as a debit in the section on net international transfers. This section includes transfers of money between residents and non-residents that are not related to the purchase of goods or services or the earning of income.

Remittances of Mexican Workers in the U