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What economic impacts does tourism and hospitality have?
Positive impacts from this economic boom include robust foreign exchange, increases in income, and GDP growth. Tourism can also offer diverse employment opportunities, can be developed with local products, and is often compatible with other economic activities within a destination.
WHAT ECONOMIC IPMACTS DOES TOURISM AND HOSPITALITY HAVE?
AND WHY?
ANSWER:
Positive impacts from this economic boom include robust foreign exchange, increases in income, and GDP growth. Tourism can also offer diverse employment opportunities, can be developed with local products, and is often compatible with other economic activities within a destination.
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