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

A) trade in services.
B) net transfers.
C) financial accounts.
D) capital accounts.

Remittances

Money transferred by foreign workers to individuals in their home country, contributing to the economy through support of family and investment in local businesses.

Workers

Individuals engaged in any form of employment, contributing labor to produce goods or services.

Net Transfers

The balance of financial transactions from grants, remittances, or aid between entities or countries, excluding commercial transactions.