Where are remittances across borders included within the, Financial Management

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Where are remittances across borders included within the

Golbal Remitence case question from end of chapter 3

1. Where are remittances across borders included within the balance of payments? Are they current or financial account components?

2. Under what conditions are remittances significant contributors to the economy and overall balance of payments?

3. What role do remittances play in the economy of a country like Mexico?

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