Tourism can be classified as?

Assessment: JAMB UTME - Commerce - 2006 Subject: Commerce

Question 1 Report

Tourism can be classified as?
Answer Details
Tourism can be classified as an invisible export. This is because it involves the provision of services to foreign visitors, such as accommodation, transportation, and entertainment, rather than the export of physical goods. The income generated from tourism activities is therefore considered as an export of services and is included in the balance of payments as an invisible export.
Read lesson note on Transport, Tourism, Communication And Warehousing (WAEC)
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