Question

According to the UN ESCAP report, which country is the world's largest remittance recipient, and what challenge does it face due to a 1% tax imposed by the USA on remittances since January 2026?

A Philippines; potential loss of 5% remittances
B Mexico; potential loss of 3% remittances
C India; potential sizable loss of remittances
D China; potential loss of 2% remittances
E Egypt; potential loss of 4% remittances
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