CBSE Class 10 Answered
why tourism is called invisible trade?
Asked by poorans30 | 23 Feb, 2019, 06:57: AM
Expert Answer
Generally, trade refers to the exchange of goods and money among the countries which affect their economy. In tourism, tourists spend money on hotels, restaurants, buying local handicrafts. These expenditures are invisible as they directly do not reach the government. It helps in the growth of local economy of an area which indirectly also boast the economy of the nation.
Answered by Social Science Expert | 23 Feb, 2019, 11:20: AM
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