I’m under the impression that an economy that did not previously have an international sector would develop one as a result of tourism. Because aren’t tourists considered an import? I just need help understanding how adding tourism to an economy changes the overall circular flow of the economy.
Okay, the tourism acting as more of an export than a import makes sense. And arin, I live in Seminole about 10 min from Treasure Island so it was cool that you could bring the concept home for me.