It describes the direct and indirect effect of an external source of income introduced into the economy.

MACRO PERSPECTIVE

Quiz
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Others
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2nd Grade
•
Hard
Ron Manahan
Used 1+ times
FREE Resource
7 questions
Show all answers
1.
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1 min • 1 pt
2.
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1 min • 1 pt
A ratio obtained by dividing the benefits with the cost.
3.
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1 min • 1 pt
The value of goods or services that must be imported services needs of tourism and hospitality.
4.
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1 min • 1 pt
It imposes taxes on imported goods which can be produced locally.
5.
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1 min • 1 pt
Goods bought from foreign countries.
6.
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2 mins • 2 pts
The undesirable economic aspects of tourism and hospitality.
7.
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2 mins • 3 pts
Forms of incentives.
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