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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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