Can Tourism be considered as a trade? Elaborate.
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Tourism can be considered as a trade because : It involves exchange and buying/selling of products. The products can be defined in terms of holiday packages , hotel rents, means of transport and hospitality etc. Exchange of cultures take place and these exchanges are in monetary terms.
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Tourism' is considered as a trade and industry in India because of the substantial growth it has experienced in the past three decades coupled with an increase in the arrival of foreign tourists.
3. As tourism in the form of trade as well as industry has flourished at a fast pace (bringing in high amounts of foreign exchange), it employs more than 15 million people, who are directly engaged in the tourism sector.
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