Question
Question 1 Tourism development requires the expansion and improvement of infrastructure in order to boost tourism supply and demand. Discus the validity of such statement.
Question 1 Tourism development requires the expansion and improvement of infrastructure in order to boost tourism supply and demand. Discus the validity of such statement.
Question 2 Discuss and differentiate the Ricardian and Heckscher-Ohlin (HO) theorems in international trade. Also use HO theorem to discuss the rise of tourism as a trade in Pacific Island Countries.
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Managerial Economics and Business Strategy
Authors: Michael R. baye
7th Edition
978-0073375960, 71267441, 73375969, 978-0071267441
