Quiz #4: The Economics of Tourism

Quiz #4: The Economics of Tourism

University

7 Qs

quiz-placeholder

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Quiz #4: The Economics of Tourism

Quiz #4: The Economics of Tourism

Assessment

Quiz

Other

University

Hard

Created by

Glenda Amansec

Used 10+ times

FREE Resource

7 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

The demand for pleasure travel is largely independent on non-economic factors, such as local disturbances, political unrest, and changes in the fashion ability of resorts/ countries created mostly by media coverage.

TRUE

FALSE

2.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

The money paid by the tourists to businesses are in turn used to pay for supplies, wages of workers, and other items used in producing the products or direct services brought by tourists.

Direct Effect

Secondary Effect

3.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

This is used to describe the total effect, both direct and secondary, of an external source of income introduced into the economy.

Leakage

Economic Impact

Multiplier

4.

MULTIPLE SELECT QUESTION

20 sec • 1 pt

What are the two (2) Undesirable Economic Aspects of Tourism?

Higher Prices

Tourism Multiplier

Leakage

Economic Instability

5.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

Tourism brings many more monetary benefits and costs than other expert industries, such as social, cultural and environment benefits, and costs.

TRUE

FALSE

6.

FILL IN THE BLANK QUESTION

20 sec • 1 pt

When travelers outside the destination area spend on goods and services within the destination, tourism acts as an __________ industry by bringing in revenues from outside sources.

7.

MULTIPLE SELECT QUESTION

20 sec • 1 pt

What are the 3 different economic strategies adopted to maximize the amount of revenue and jobs developed within the region

Import Substitution

Incentives

Balance Growth

Foreign Exchange

Multiplier