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TIA Class reports 24 Oct. Exam the Role of Curency markets and their influence over Tourism Balances for several nations with positive Tourism Balances. SNB – Situation in Switzerland. Incoming . Stronger Swiss franc Weaker Swiss franc . outgoing. outgoing. Comparison CH / Greece .
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TIA Class reports 24 Oct Exam the Role of Curency markets and their influence over Tourism Balances for several nations with positive Tourism Balances
Incoming • Stronger Swiss franc • Weaker Swiss franc
Conclusion and Solutions • Key to improvement of the BOP: innovation • Attract new markets and new tourists • Keep Swiss tourists in Switzerland • Increase tourism exports by creating different incentives. • Not more is better, better is better! • Take international transportation into account
Works CitedCourse Professor James holleranWhat Is The Balance Of Payments? . (2013, jun 13). Retrieved from Investopedia: http://www.investopedia.com/articles/03/060403.aspTIA Presentation 17th of OctoberThe Foreign Exchange Market for Beginners. (n.d.). Retrieved from Go currency: http://www.gocurrency.com/articles/forex-for-beginners Tourism balance of payments 2012 . (2013, jun 21). Retrieved from Federal administration: http://www.news.admin.ch/message/index.html?lang=en&msg-id=49321Yapa, L. F. (2012, may 13). Urgent need to improve Balance of Payments . Retrieved from The Sunday times: http://www.sundaytimes.lk/120513/BusinessTimes/bt33.html
Works Citedtp://www.bfs.admin.ch/bfs/portal/fr/index/themen/10/03/blank/key/02/01.htmlhttp://www.indexmundi.com/facts/indicators/ST.INT.ARVL/compare?country=ch#country=chhttp://data.worldbank.org/indicator/ST.INT.ARVLhttp://www.euromonitor.com/travel-and-tourism-in-switzerland/reporthttp://www.tourism.australia.com/documents/corporate/Exchange_Rates.pdf