1.)Happens when an income generated by a business is not used within
the local economy but is salted away in, or remitted to other countries.
2.
An accounting system that separates the economic statistics, which
are relevant in tourism
3.
The increase in the prices of commodities at a general level.
4. Temporary inflation_Happens when sellers of goods or suppliers speculate that there will
be more people buying at a certain period of time.
5.
Country's currency versus the currency of the visitor.
6.
Refers to personal consumption on transportation, accommodation,
catering/retail
, recreation and travel related services and merchandise by residents who travel.
7. Travel account balanthe difference between what a country ears from tourism and what
its residents spend abroad during their travels.
8. Permanent inflation. This form of inflation happens when the competition of goods in an
area is stiff and the supply is difficult to replenish.
9.
The way in which tourists spending filters through the economy,
stimulating other sectors. The bigger the amount of money that could go around, the more
people or sectors are likely to benefit from it
10. Transportation demain dactor that affects the cost of travel and travel demand.
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