Problem
Mexican immigrants working in the United States often send money back home (known as remittances) to help their families or to add to their savings account for the future. Today, these remittances approach $20 billion a year. How are these transfers recorded in the balance of payments accounts?
The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.