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Tourism is an export industry because foreign visitors who travel to a country purchase the "touristic experience" of that country. They pay for it with their money from their country.
That means, that e.g. a Frenchman buys with his money which he earned in France something (in this case the touristic experience = hotels, commodities, activities, car rentals etc. but also service etc.) which is manufactured in e.g. Spain. This can then be considered to be an export of those Spanish "touristic goods" to France
What else can I help you with?
What do you call a person who studies tourism?
Tourist
What are four major uses of coal?
For Electric Power for Industry for Making Steel for Export
What is export-import traffic?
jakol nlng
How many types of industries are there?
There are three types of industry. They are cottage and small-scale industry medium and large-scale industry tourist industry
The cottage industry was replaced by mills?
The cottage industry that was replaced by mills was the production of yarn and cotton thread. The production of flour was also a cottage industry that was replaced by huge mills.
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 tourism an import or export?
Tourism is considered an export because it involves the sale of services provided to visitors from other countries who spend money in the host country. This brings in foreign currency and contributes to the local economy.
What is considered an irritant industry by many in Caribbean America?
Tourism
What group of travelers are considered to be the backbone or bread and butter of the tourism industry?
businessmen
How automotive industry contribute to tourism?
tourism and automobile industry's contribution to tourism growth
Industries of Greece?
Which kind of industries? Well, based on statistics, the greatest industry in Greece is shipping.
Definition of support industry in tourism?
Industry involved with growth of tourism.
What type of industry is tourism?
Generally speaking, tourism is a service industry.
Is tourism or travel a major industry in Alaska?
tourism and travel is not a industry.
What is the main export of Segovia Spain?
tourism
What is the major export of Tunisia?
The major export of Tunisia is Oil, Tourism , and car manufacturing.
Why is inbound tourism considered an export?
Inbound tourism is considered an export because it generates revenue for a country when foreign visitors spend money on local goods and services, such as accommodation, dining, and attractions. This spending contributes to the economy similarly to how traditional exports bring in income. Additionally, inbound tourism can create jobs and stimulate various sectors, further enhancing economic growth. Thus, it plays a vital role in a country's balance of trade.
