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Q: Why tourism is called invisible trade?
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Why is tourism reffered to as an invisible trade?

tourism is refer to an invisible export because tourist are intangible goods, for example tourist spends money in another mans country more than thier. by: julius yaya


How tourism is the largest invisible export industry?

Tourism is considered to be an export because tourists have to go to a different country for their experience. It is not an import because tourists can't bring the travel and experience to their home country. Tourism is considered to be an invisible export because tourism is an intangible good.


Is Irish people spending they're money in foreign countries called invisible exports?

No. An invisible export is Irish companies selling services to other countries. No physical products are involved, so it can be things like financial services or tourism.


Tourism promation howwhy?

It's peace time now. Tourism is part of global trade.


What has the author Robert Christie Mill written?

Robert Christie Mill has written: 'Tourism' -- subject(s): Tourism, Tourist trade 'Instructor's Manual with Test Item File Restaurant Management Customers, Operations and Employees' 'The tourism system' -- subject(s): Textbooks, Tourism 'The tourism system' -- subject(s): Tourism, Tourist trade 'The tourism system' -- subject(s): Textbooks, Tourism


Adam Smith argued that free trade produced the wealth of nations through?

Adam Smith made the argument that free trade produced the wealth of nations through what he called the invisible hand. The invisible hand refers to the way the marketplace is self-regulating. Smith was a Scottish philosopher.


Is Cuba a free trade partner with the US?

No. There is still restrictions on trade and tourism in Cuba.


ABTA is the trade association for which profession?

Travel and tourism


What is meant by invisible balance of trade?

Invisible balance of trade is the difference in value over a period of time of a country's imports and exports of services and payments of property incomes


What has the author Sarah Notman written?

Sarah Notman has written: 'The Tourism sector in Birmingham' -- subject(s): Economic aspects, Economic aspects of Tourism, Tourism, Tourist trade


What is the importance of the Caribbean sea in trade tourism and security?

suck my balls


What travel trade meaning in tourism industry?

copy answer to sharoni@kznwildlife.com