Asked by Rebekah Turner on Jun 01, 2024
Verified
What are the funds immigrants send directly to their home countries called?
A) remittances
B) transmittals
C) gifts-in-kind
D) fatherland payments
Remittances
Money sent by individuals working abroad to family members or others in their home country.
- Understand the impact of worldwide economic factors, such as remittances and free trade zones, on the operations of nonprofit organizations.
Verified Answer
MM
Morgan MoseleyJun 05, 2024
Final Answer :
A
Explanation :
Remittances are the funds that immigrants send directly to their home countries to support their families and communities.
Learning Objectives
- Understand the impact of worldwide economic factors, such as remittances and free trade zones, on the operations of nonprofit organizations.
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