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Exam (elaborations)

TRADE,TOURISM AND TRAVEL

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  • Module
  • TRADE TOURISM AND TRAVEL
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  • TRADE TOURISM AND TRAVEL

What is the primary purpose of trade in the global economy? To facilitate the exchange of goods and services between countries, boosting economic growth and providing access to resources. How does tourism contribute to a country’s economy? Tourism generates revenue through visitor spending on ...

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  • January 5, 2025
  • 11
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
  • TRADE TOURISM AND TRAVEL
  • TRADE TOURISM AND TRAVEL
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TOURISM,TRADE AND TRAVEL.
What is the primary purpose of trade in the global economy?
To facilitate the exchange of goods and services between countries, boosting
economic growth and providing access to resources.
How does tourism contribute to a country’s economy?
Tourism generates revenue through visitor spending on accommodation,
transportation, food, and activities, creating jobs and supporting local
businesses.
What is the role of travel in promoting cultural exchange?
Travel allows individuals to experience new cultures, traditions, and
perspectives, fostering mutual understanding and appreciation among different
communities.
What factors influence international trade between countries?
Geographic location, availability of resources, trade policies, transportation
infrastructure, and economic stability are key factors influencing trade.
How does sustainable tourism differ from mass tourism?
Sustainable tourism focuses on minimizing environmental impact, preserving
local cultures, and benefiting local economies, while mass tourism often
prioritizes high visitor numbers and profit over sustainability.
What are the challenges faced by the travel and tourism industry?
Challenges include economic fluctuations, political instability, pandemics,
natural disasters, and over-tourism in certain destinations.
How do trade agreements impact global commerce?
Trade agreements reduce barriers like tariffs and quotas, encouraging cross-
border trade and fostering stronger economic ties between countries.
What are some common forms of transportation used in travel and tourism?
Air travel, railways, buses, cruises, and personal vehicles are the most common
forms of transportation in the travel and tourism industry.
Why is cultural heritage important in tourism?
Cultural heritage attracts tourists, provides educational experiences, and helps
preserve traditions and historical landmarks for future generations.
How does e-commerce influence the trade of travel services?
E-commerce simplifies the booking of flights, accommodations, and tours,
offering convenience and a broader range of options for travelers.

, What are some key indicators of a country's tourism performance?
Indicators include international tourist arrivals, revenue generated from
tourism, average length of stay, and visitor satisfaction rates.
What is the relationship between travel and global connectivity?
Travel enhances global connectivity by linking people, businesses, and cultures,
strengthening international collaboration and understanding.
How does trade support the development of local industries?
Trade provides markets for locally produced goods, encourages innovation, and
supports employment opportunities in various sectors.
What measures can be taken to ensure safety in travel and tourism?
Measures include implementing security protocols, health screenings, travel
insurance, and providing updated travel advisories.
How does climate change impact the travel and tourism industry?
Climate change affects destinations through rising sea levels, extreme weather
events, and environmental degradation, influencing travel patterns and
sustainability efforts.
What is the significance of travel technology in modern tourism?
Travel technology enhances customer experiences through online booking
platforms, virtual tours, mobile apps, and real-time updates, making travel more
accessible.
How can governments support sustainable trade and tourism?
Governments can implement policies promoting eco-friendly practices, provide
funding for infrastructure, and ensure fair trade regulations.
What is the impact of visa regulations on international travel?
Visa regulations affect travel ease, influencing tourist flows and the economic
benefits associated with international visitors.
How do festivals and events attract tourism?
Festivals and events showcase local culture, art, and traditions, drawing visitors
and boosting the local economy through increased spending.
Domestic tourism
When the trip takes place in the person's home country
International Tourism
When a traveler crosses one or more national borders and are categorized as
having an international arrival
Outbound tourist

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