If a country receives $200 million in remittances and spends $50 million on fore

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What’s inside this PDF?

Question: If a country receives $200 million in remittances and spends $50 million on foreign aid, what is the net inflow from these transactions?

Options:

$150 million
$250 million
$50 million
$100 million

Correct Answer: $150 million

Solution:

Net inflow = Remittances - Foreign aid = $200 million - $50 million = $150 million.

If a country receives $200 million in remittances and spends $50 million on fore

Practice Questions

If a country receives $200 million in remittances and spends $50 million on foreign aid, what is the net inflow from these transactions?

$150 million
$250 million
$50 million
$100 million

Questions & Step-by-Step Solutions

If a country receives $200 million in remittances and spends $50 million on foreign aid, what is the net inflow from these transactions?

Step 1: Identify the amount of remittances received by the country, which is $200 million.
Step 2: Identify the amount spent on foreign aid by the country, which is $50 million.
Step 3: Calculate the net inflow by subtracting the foreign aid from the remittances: $200 million - $50 million.
Step 4: The result of the calculation is $150 million, which is the net inflow from these transactions.

Net Inflow Calculation – Understanding how to calculate net inflow by subtracting outflows (foreign aid) from inflows (remittances).

If a country receives $200 million in remittances and spends $50 million on fore

What’s inside this PDF?

If a country receives $200 million in remittances and spends $50 million on fore

Practice Questions

Questions & Step-by-Step Solutions

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