Benefit Of Tourism Essay

The analysis can be undertaken at a spatial and at a functional level.

At the spatial level, tourists prefer to travel in regions with little industrial development.

They also tend toward areas of little agricultural value.

For these reasons, tourism can become a dynamic force in regional economies.

Yet, in those instances where analysis has been carried out and research has preceded planning, tourism’s priority in competing for scarce investment funds has been established.

In these cases, long-term programs for tourism development have been designed.Value is added when a product is developed, processed, refined, or marketed in a manner that allows it to be sold at a higher price than the prices of the raw materials, services, and components bought for its production.Countries with large domestic agricultural sectors supplying tourist consumption are well positioned to achieve higher levels of value-added in the tourism sector.In Jamaica, the tourism contribution to GDP was 13.4 percent in 1992, while in Mexico it was only 4 percent.Not all tourism receipts are retained within the economy.In fact, there is an outflow of foreign exchange for some of the goods and services consumed by visitors, as well as for capital goods invested in tourism and for payments abroad.Import needs depend on the level of development and the degree of diversification of a country’s economy.The IDE offers one of the strongest socioeconomic arguments in favor of tourism development.It describes how income generated by the sector is distributed.These needs are also dependent on the availability of substitutes for imported products and on the qualitative level of the tourist supply in each country.c.In Jamaica, a stopover visitor spending one dollar creates a ripple effect of US

In these cases, long-term programs for tourism development have been designed.

Value is added when a product is developed, processed, refined, or marketed in a manner that allows it to be sold at a higher price than the prices of the raw materials, services, and components bought for its production.

Countries with large domestic agricultural sectors supplying tourist consumption are well positioned to achieve higher levels of value-added in the tourism sector.

In Jamaica, the tourism contribution to GDP was 13.4 percent in 1992, while in Mexico it was only 4 percent.

Not all tourism receipts are retained within the economy.

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In these cases, long-term programs for tourism development have been designed.Value is added when a product is developed, processed, refined, or marketed in a manner that allows it to be sold at a higher price than the prices of the raw materials, services, and components bought for its production.Countries with large domestic agricultural sectors supplying tourist consumption are well positioned to achieve higher levels of value-added in the tourism sector.In Jamaica, the tourism contribution to GDP was 13.4 percent in 1992, while in Mexico it was only 4 percent.Not all tourism receipts are retained within the economy.In fact, there is an outflow of foreign exchange for some of the goods and services consumed by visitors, as well as for capital goods invested in tourism and for payments abroad.Import needs depend on the level of development and the degree of diversification of a country’s economy.The IDE offers one of the strongest socioeconomic arguments in favor of tourism development.It describes how income generated by the sector is distributed.These needs are also dependent on the availability of substitutes for imported products and on the qualitative level of the tourist supply in each country.c.In Jamaica, a stopover visitor spending one dollar creates a ripple effect of US$1.60 within the local economy, while a dollar spent by a cruise-ship visitor generates US$1.20.

.60 within the local economy, while a dollar spent by a cruise-ship visitor generates US

In these cases, long-term programs for tourism development have been designed.

Value is added when a product is developed, processed, refined, or marketed in a manner that allows it to be sold at a higher price than the prices of the raw materials, services, and components bought for its production.

Countries with large domestic agricultural sectors supplying tourist consumption are well positioned to achieve higher levels of value-added in the tourism sector.

In Jamaica, the tourism contribution to GDP was 13.4 percent in 1992, while in Mexico it was only 4 percent.

Not all tourism receipts are retained within the economy.

||

In these cases, long-term programs for tourism development have been designed.Value is added when a product is developed, processed, refined, or marketed in a manner that allows it to be sold at a higher price than the prices of the raw materials, services, and components bought for its production.Countries with large domestic agricultural sectors supplying tourist consumption are well positioned to achieve higher levels of value-added in the tourism sector.In Jamaica, the tourism contribution to GDP was 13.4 percent in 1992, while in Mexico it was only 4 percent.Not all tourism receipts are retained within the economy.In fact, there is an outflow of foreign exchange for some of the goods and services consumed by visitors, as well as for capital goods invested in tourism and for payments abroad.Import needs depend on the level of development and the degree of diversification of a country’s economy.The IDE offers one of the strongest socioeconomic arguments in favor of tourism development.It describes how income generated by the sector is distributed.These needs are also dependent on the availability of substitutes for imported products and on the qualitative level of the tourist supply in each country.c.In Jamaica, a stopover visitor spending one dollar creates a ripple effect of US$1.60 within the local economy, while a dollar spent by a cruise-ship visitor generates US$1.20.

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