people gain lots of knowledge, particularly in a different culture you may not typically experience. It may also help you with your self-awareness. besides, traveling is so much fun and i guarantee you will make many memories!
no, to serve people
An appreciation in a foreign currency creates a foreign exchange gain when the foreign currency is to be received. A decrease in the value of foreign currency creates a foreign exchange gain when the foreign currency is to be paid. (Hoyle, Schaefer, Doupnik, 2009, pp. 328)
gain access to foreign markets
The states people cannot trade with foreign countries or travel to foreign countries.
AFOSI
It's a foreign exchange gain or loss, so when you exchange currencies, you can either make a gain or a loss from it (profit or loss).
No - some people hate flying with a passion and realistically, although you can use a cruise ship, air travel is usually needed for foreign travel
AFOSI
Unrealised foreign exchange gain and loss is moved through equity while realised gain and loss is charged to profit and loss.
Unofficial travel only
Unofficial travel only
Yes, foreign holidays are price elastic because even if the prices of air travel ,or any type of activity related to foreign holidays, increases then people will not buy the service as it is not a necessity of life.