Question: Remittances from developed countries amount to over $325 billion each year. These funds are sent to their home countries by migrants in developed nations. Is

Remittances from developed countries amount to over $325 billion each year. These funds are sent to their home countries by migrants in developed nations. Is this similar to the gains from trade discussed in this chapter, or are these workers just taking jobs that workers in developed countries would be paid more to do in the absence of the migrants?

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