The three major economic impacts of tourism are. a. Cultural facilities, infrastructure, and employment b. Employment, income, and income from outside the destination c. Invisible exports, balance of payments, and economic growth d. Foreign exchange earnings, land speculation, and import substitution Income, demonstration effect, and multiplier

Question

Bradyn Braun

Business

30 January, 00:09

The three major economic impacts of tourism are. a. Cultural facilities, infrastructure, and employment b. Employment, income, and income from outside the destination c. Invisible exports, balance of payments, and economic growth d. Foreign exchange earnings, land speculation, and import substitution Income, demonstration effect, and multiplier

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Answers (2)

Know the Answer?

Carla Dawson · Answer 1

a. Cultural facilities, infrastructure, and employment

Carlee Ellis · Answer 2

Employment, income, and foreign exchange earnings

Explanation:

The three most important economic impacts of tourism are:

employment: jobs directly or indirectly related to tourism activities represent a large portion in some countries, and this doesn't include only poor countries. E. g. 20% of Spain's total jobs are directly or indirectly related to tourism. income: tourism generates huge amounts of money that is specially welcomed at developing countries. foreign exchange earnings: developing countries rely on tourism for obtaining foreign currencies, especially US dollars that they later use to import goods.