When transnational migrants send money to their relatives living in their homeland, this is known as
A) reparations.
B) capital transfers.
C) direct deposits.
D) remittances.

Question

Quizplus · Accepted Answer

Remittances refer to funds that migrants send back to their home country or community. It is a significant source of income for many developing countries and can contribute to reducing poverty and increasing access to education and healthcare.

When Transnational Migrants Send Money to Their Relatives Living in Their