Question

what is effect of foreign tourism​

Answer 1

Answer:

Here is you Answer

Explanation:

International tourism is recognized to have a positive effect on the increase of long-run economic growth through different channels. First, tourism is a significant foreign exchange earner, allowing to pay for imported capital goods or basic inputs used in the production process.

Answer 2

International tourism is recognized to have a positive effect on the increase of long-run economic growth through different channels. First, tourism is a significant foreign exchange earner, allowing to pay for imported capital goods or basic inputs used in the production process.

Tourists contribute to sales, profits, jobs, tax revenues, and income in an area. Through secondary effects, tourism affects most sectors of the economy. Economic impact analysis of tourism activity normally focuses on changes in sales, income, and employment in a region resulting from tourism activity.

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