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Author Question: The tourist dollar is more valuable to a local economy than the dollar generated and spent within ... (Read 66 times)

rlane42

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Question 1

This is an example of an official government national tourist office (NTO) in the United States.
◦ the Office of Travel and Tourism Industries (OTTI)
◦ Travel Industry Association of America (TIA)
◦ World Travel & Tourism Council (WTTC)
◦ the United Nations World Tourism Organization (WTO)

Question 2

The tourist dollar is more valuable to a local economy than the dollar generated and spent within the economy. This is because:
◦ tourist money is in U.S. dollars and people love dollars.
◦ the tourist dollar is hard currency.
◦ the tourist dollar brings leakage effects to the local economy.
◦ the tourist dollar is the "seed" of money that will grow into and trigger rounds of additional spending.


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Marked as best answer by rlane42 on Mar 3, 2019

ricroger

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rlane42

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Reply 2 on: Mar 3, 2019
Great answer, keep it coming :)


meganmoser117

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Reply 3 on: Yesterday
Excellent

 

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