When international tourists pay for accommodation, transportation, and local recreation within a host country, which category of trade earnings does this revenue represent?
- Invisible exportsCevap
- BVisible exports
- CDirect personal services
- DVisible imports
Cevap
The revenue earned from international tourists paying for local services is classified as invisible exports.
Tourism provides intangible services such as lodging, transport, and leisure to visitors from abroad. The money spent by these foreign tourists constitutes a foreign currency inflow, which is recorded as an invisible export in the balance of payments.
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Anahtar Kavram
Classification of tourism earnings as invisible exports in international trade
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