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Home Q & A Board Humanities Art and Culture Travel and Tourism
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studymite studymite
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4 years ago
All of the following statements regarding comparative advantage are true EXCEPT which?

▸ Many island economies consider that tourism has a comparative advantage because of their currency exchange rate.

▸ Tourism has a comparative advantage when a region is especially appealing to tourists.

▸ Tourism has a comparative advantage when a region has no alternative industry to develop other than tourism.

▸ Economic decisions must be based on comparative advantage.
Textbook 
Tourism: The Business of Hospitality and Travel

Tourism: The Business of Hospitality and Travel


Edition: 6th
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swolfe15swolfe15
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4 years ago
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studymite Author
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4 years ago
Thank you
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