answersLogoWhite

0

A country's currency which has declined, makes it less expensive for tourists to travel there. That said, for example, if Spain's currency has been devalued in comparison to a tourist who lives in the USA, there is a better chance of tourists visiting Spain. Tourist dollars help the country to attract tourists.

User Avatar

Wiki User

11y ago

What else can I help you with?

Related Questions

If the world uses one currency which countrys currency will be the dominant currency or will a completely new currency be invented?

Most certainly the Euro will be the most dominant. Maybe a new currency, but the Euro has the most value.


What will be the possible solution of tourism billionaire?

the possible solution of tourism is to make more spots that can make attractive to many tourist person that come here in the philippines or the other country....... to make improvement for the countrys island......


What is the importance of foreign currency generated by the tourism indutry?

:D


What is the importance of the foreign currency generated by the tourism industry?

fork u


How does a republic affect currency form?

The currency of a republic form of government has no affect on it. Currency issues involve economics for the most part.


How does tourism affect aspects of Kenya society?

tourism effects kenya in the respect that if they did not have tourism kenya would not be how it is today


How do monsoons affect tourism?

rain.


How did the triangular trade affect the colony of Georgia?

it didnt affect them it helped them shiping cash crops to other countrys like tabacco rice indigo etc...


What social factors affect tourism?

One social factor that can affect tourism is economic status. If people don't have money they don't travel and take vacations.


What is the main resource for the Caribbean?

The main resource for currency in the Caribbean is tourism. Tourism is important because the islands are small, so there is not much room for large businesses.


How legislation and issues have affected tourism industry?

how does legislation affect tourism in kenya


Downside of tourism in a country?

The downside of tourism in a country is if tourism becomes the driver of that countries economy.If a country's economy is dependent on tourism, then the economy will be susceptible to the peaks and valleys of the tourism/travel industry.Tourism drops when one or several of the following happen:1. Exchange rate dictates that the currency of the tourism country is worth more than the currency of the tourist's country.2. Downturn of the global economy3. Change or uncertainty of the tourism country's politics - are they an Alia or adversary to the tourist's country? or is the tourism country on the verge of a revolution or war?4. Crime5. Tourism country's inhabitants take the tourist for granted and treat them rudely