International tourism dependence on currency fluctuations
Abstract: One of the leading directions in the international economic relations is international tourism. In a profitable part of the budget of many countries tourism takes the main position. There is considered dynamics and tendencies of the international tourism development for the period 2000-2005. The author analyses dynamics of the US dollar exchange rate fluctuations as to Euro for the same period. Dependences of the international tourist receipt of funds on exchange rate changes were analyzed. Besides, there was found out how rate fluctuations of two world currencies, the US dollar and Euro, influence the intensity tourist services trading (forecasts concerning changes in structure of the balance of payments and flows of tourists among the countries which use Euro and dollars were made).
Keywords: international tourism, exchange rate, US dollar, Euro, service trading, correlation and regression analysis.
Pages: 43-47.
For citation: Korobkina, Ye. V. International tourism dependence on currency fluctuations. – Text : electronic. – In: Economics of Civil Engineering and Municipal Economy. – 2008. – Vol. 4, N 1. – Р. 43-47. – URL: https://donnasa.ru/publish_house/journals/esgh/2008-1/05_korobkina.pdf (date of access: 23.11.2024). – ISSN 1993-3509.
Vol. 4, N 1 (2008)
Journal: Economics of Civil Engineering and Municipal Economy
Publish house: Donbas National Academy of Civil Engineering and Architecture
Journal: Economics of Civil Engineering and Municipal Economy
Publish house: Donbas National Academy of Civil Engineering and Architecture