tourism is an invisible trade
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Tourism is Invisible trade as tourists spend money at their destination thus buy services in hotels, restaurants, etc but their is no transfer of physical objects and many peoples are invisibly connected to thetourism industry. Exchange of good among people is called trade.
Answered by
11
Heya _
Yes _ tourism is an invisible trade because :-
√ Invisible trade is that in which the money transactions occur but not physically we can see the transfer of goods from one place to other...
√ A consumer spend his money on tourism as food , ticket , and all but not net direct transfer of commodity is seen in tourism...
So it is an invisible trade in the economy..
Thank you
Yes _ tourism is an invisible trade because :-
√ Invisible trade is that in which the money transactions occur but not physically we can see the transfer of goods from one place to other...
√ A consumer spend his money on tourism as food , ticket , and all but not net direct transfer of commodity is seen in tourism...
So it is an invisible trade in the economy..
Thank you
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