juneafrayma juneafrayma
  • 17-01-2024
  • Business
contestada

discuss whether a country should specialise in tourism (in context of igcse economics)

Respuesta :

atiyaaa atiyaaa
  • 17-01-2024

Answer:

Specializing in tourism can be advantageous for a country in terms of economic benefits, job creation, and foreign exchange earnings. However, it also poses risks as the economy becomes vulnerable to fluctuations in the tourism industry. Diversification is essential to mitigate such risks and ensure long-term economic stability. Balancing a specialized focus on tourism with other sectors can contribute to a more resilient economy.

Answer Link

Otras preguntas

The two most famous burglaries in American history were "Watergate." What were these (2) burglaries about? Who were “the plumbers?” What did they hope to lear
In January, the amount of snowfall was 5 1/2 feet. In October, the amount of snowfall was 3/8 feet. What was the amount of snowfall in the two months combined?
15 PTS!!!! What cells have cell walls and Vacuole. Also briefly explain those.
Which of these is an example of physical damage resulting from the civil war apex r?
how many years did it take to New Mexico become a state
Did the Triple Alliance avoid costly wars?
the company profits increase 20% from last year. if the profits last year were $2,500 what are the company's profits this year. ,
652-05-01-01-00_files/i0190000.jpg What does the direction of arrow B indicate?
ASSIGNMENT-Propound on why a library is said to be 'the memory of the human race'
why is helium nucleus containing no neutrons is likely to be unstable