Question 1

According to the WTTC (2019), tourism is responsible for what percentage of world GDP?

Accepted Answer

In 2019, the World Travel & Tourism Council (WTTC) reported that tourism accounted for 10.4% of the global GDP.

Question 2

In terms of the 319 million jobs created worldwide by tourism, what percentage of world jobs does it account for?

Accepted Answer

Tourism accounts for approximately 10% of the world's jobs, making it a significant contributor to global employment.

Question 3

In 2018, WTTC statistics suggested that the region making the largest contribution to GDP from tourism was

Accepted Answer

Europe has historically been a major destination for tourists worldwide, contributing significantly to its GDP through tourism. The region's rich cultural heritage, historical sites, and diverse landscapes attract a vast number of international visitors each year, making it the largest contributor to GDP from tourism according to WTTC statistics in 2018.

Question 4

The magnitude of the economic impact of tourism is affected by which of the following factors?

Accepted Answer

The answer of The magnitude of the economic impact of...

Question 5

Economists use the term commodities to refer to which of the following?

Accepted Answer

Commodities in economics refer to basic goods used in commerce that are interchangeable with other goods of the same type, which typically includes tangible goods rather than services.

Question 6

Economic characteristics of tourism that distinguish it from other industries include all of the following, except:

Accepted Answer

Tourism demand is notoriously difficult to predict due to its sensitivity to economic conditions, political stability, environmental factors, and trends, making it distinct from industries with more predictable demand patterns.

Question 7

Which countries have a surplus in their tourism account?

Accepted Answer

The answer of Which countries have a surplus in their...

Question 8

How did tourism arrivals change during the Cuban revolution?

Accepted Answer

During the Cuban Revolution, tourism arrivals dropped substantially due to the political instability and uncertainty that typically deter tourists.

Question 9

In 2017, how many people were employed through tourism activity in Cuba?

Accepted Answer

In 2017, Cuba's tourism sector employed approximately 126,000 people, reflecting the industry's significant role in the country's economy.

Question 10

What types of employment is not generated by tourism?

Accepted Answer

Deduced employment is not a recognized category of employment generated by tourism. Employment generated by tourism is typically categorized into direct, indirect, and induced types.

Quiz 16: Human Resource Management

According to the WTTC (2019) , tourism is responsible for what percentage of world GDP?