What would happen in Mexico if remittances from the United States slowed down?
A.
The Mexican economy would slow down.
B. (this)
The Mexican economy would improve.
C.
The Mexican government would stop exports to the United States.
D.
The Mexican government would increase exports to the United States.
Please and thanks
I agree with you.
the answer is a
Can i get all the answers please?
Pleeeeease!!
what is the answer
If remittances from the United States slowed down, it would have a negative impact on the Mexican economy. Remittances are defined as the money sent by individuals working in another country back to their home country, typically to support their families. In the case of Mexico, remittances play a significant role as they are one of the largest sources of foreign currency in the country.
Option A: The Mexican economy would slow down - This is the correct answer. A decrease in remittances would result in less money entering the Mexican economy. Since remittances contribute significantly to the country's GDP, a reduction in this source of income would result in weakened economic growth.
Option B: The Mexican economy would improve - This is not the correct answer. Slowing down or reducing remittances would have a negative impact on the Mexican economy, leading to a slowdown rather than improvement.
Option C: The Mexican government would stop exports to the United States - This is not directly related to the question. Slowing down remittances does not necessarily impact the decision of the Mexican government to stop exports to the United States.
Option D: The Mexican government would increase exports to the United States - This is not directly related to the question. Slowing down remittances does not directly imply that the Mexican government would increase exports to the United States.
Therefore, the correct answer is A: The Mexican economy would slow down.