answersLogoWhite

0

it is important because

User Avatar

Wiki User

12y ago

What else can I help you with?

Related Questions

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.


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

fork u


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.


What is the Importance of hotel industry in generating foreign exchange?

to increase revenue in a country


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 is the future of wood industry?

wood industry too play an important role in any economy. the countries having large percentage of woods can produce wooden goods to earn money, foreign exchange and improve national income of the country.


Where can I get the foreign exchange rates?

You can find up to date foreign exchange rates online. These fluctuate from day to day so it is important to keep a close eye on them.


What is the importance of the foreign currency by tourist industry?

The foreign currency generated by the tourist industry is crucial for a country's economy, as it boosts foreign exchange reserves and helps stabilize the national currency. It also stimulates local businesses and creates jobs, contributing to overall economic growth. Additionally, the influx of foreign currency can facilitate infrastructure development and improve public services, enhancing the quality of life for residents. Ultimately, a strong tourism sector can lead to greater global competitiveness and economic resilience.


What has the author Alfred Kenyon written?

Alfred Kenyon has written: 'Currency riskand business management' -- subject(s): Foreign exchange, Foreign exchange administration, Foreign exchange futures, Risk management 'How helpful is industry analysis?' 'Internationl commercial banking' 'Corporate strategy: deciding the scope of the company'


Which foreign exchange system has the highest foreign exchange rate?

The Zimbabwean has the highest foreign exchange rate.


What do you mean by foreign exchange?

Foreign Exchange is Exchange between two currency.