88.1k views
0 votes
True or false do larger countries get more money from remittances than smaller countries

User Jaspero
by
7.2k points

2 Answers

4 votes

Answer:

True

Step-by-step explanation:

correct on edge sry im 4 years late

User Roshane
by
7.4k points
1 vote
True

Remittances reduce poverty, increase welfare and provide foreign currency that enables countries to pay for essential imports and service external debt. That in turn it brings improvement and increases future flows of collateral to raise billions of dollar in financing at cheaper interest rates and longer maturities.
User Antonio La Marra
by
7.3k points