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Importance of hotel industry in generating foreign exchange?
if i am visited a hotel for purchase foreign exchange what question's put to me from purchase manager to me.
Why there is a loss of foreign exchange through tourism industry?
The loss for foreign exchange throutgh tourism industry is bad planing and managerments of industry.
Importance of foreign exchange rate?
The foreign exchange rate helps determine the value of money. When the exchange rate is high, then the currency is less valuable.
Why is foreign exchange generated by the tourist industry is important?
it is important because
What is the importance of the foreign currency generated by the tourism industry?
fork u
What is the importance of foreign capital inflows to the namibian economy?
The importance of the foreign capital inflows to the Namibian economy is that the foreign exchange is used for both the imports and exports. The foreign capital inflows is therefore very important.
How does a country earn foreign exchange?
A country earns foreign exchange primarily through exports of goods and services, attracting foreign investments, and tourism revenue. When foreign buyers purchase domestic products, they pay in their own currency, which is converted into the local currency, generating foreign exchange. Additionally, foreign direct investment and remittances from citizens working abroad also contribute to the inflow of foreign currency. Overall, a positive balance of trade and favorable investment conditions are key to increasing a country's foreign exchange reserves.
What is the significance of foreign exchange rate?
Foreign Exchange student programs are important to a country because it gives students opportunities that might not exist in their home country. Foreign Exchange of currency is important for the tourist industry and the trade industry.
What are some of the importance of irrigation?
It helps to earn foreign exchange very helpful -By Rutvik A. Shah
What is the nation of New Zealand's largest industry?
New Zealand's largest industry is the dairy industry, closely followed by tourism. This is in terms of foreign exchange earnings.
What are the advantages and disadvantages of tourism industry?
The main advantage of tourism industry is that it helps the country to earn foreign exchange from the tourists.Further, the tourist spots are highlighted before both domestic and foreign tourists which helps the local inhabitants to earn their livlihood. One of the disadvantages of tourism industry is that sometimes places of strategic importance are bared open before the outer world,thereby posing security risk for the country.
Importance of foreign exchange?
it is a important trade which in turn develop the country for better life style in the country .
