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Question
question 32 (1 point)
______ tourism has both incoming and outgoing implications on a countrys balance of payments.
domestic
international
national
International tourism involves foreign visitors (incoming, contributing to balance of payments as foreign exchange earnings) and domestic residents traveling abroad (outgoing, as money is spent overseas). Domestic and national tourism mainly occur within the country's borders and don't have the same dual (incoming - outgoing) implications on the balance of payments related to international transactions.
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International