Essay Writing

Essay Writing

Essay Writing

Assignment 1:
Critical Analysis:
Please answer the following questions using the ppt, text book and other sources if needed. (power point in attachment)
1) Briefly explain how the creation of the Euro has impacted tourism in the European Union. Don't just say what the Euro is, you must discuss why it is or is not important for tourism.
2) From what you learned in the textbook and the power point, discuss how demographic factors in Europe may impact tourism.  Provide at least two illustrative examples of demographic factors or changes and explain how they might impact tourism.
3) While Europe has experienced some stagnation in growth in terms of tourism arrivals, the region as a whole remains the most popular in terms of arrival statistics.
What are some plausible reasons for this?
What can the countries of Europe do to maintain or increase arrival numbers for the future?
Use what you have learned throughout the semester in terms of trends in tourism to address both questions.
Tourism and the European Union

1) Briefly explain how the creation of the Euro has impacted tourism in the European

Union. Don't just say what the Euro is, you must discuss why it is or is not important

Ans: Creation of Euro has impacted tourism in the European Union in a positive manner.

The Euro was launched with the perspective of economic and monetary union in Europe. It is

basically an invisible currency that can be used in electronic payments for accounting purposes.

It can be used by 300 million people in 11 nations in Europe. The goal of developing the Euro

was to develop a single economy and common political goals. The Euro was meant to improve

the living conditions for all in the EU states. The Euro was also meant to eliminate barriers to

trade and commerce in much of Europe.

A common currency helps in the elimination of exchange rate volatility and it also

reduces transaction costs. The introduction of coins and notes in Euros has helped to eliminate

any currency conversion between countries that fall under the Eurozone. This has further helped

to reduce the calculation by agents and price transparency at an international level has improved

(Gallego, Rodríguez, & Rodríguez, 2012).All these positive aspects indicate that the creation of

the Euro has helped tourism in many ways by helping ease of money transactions and also by

improving the money transparency. It has reduced the load on tourists and especially it is

beneficial for tourists from the Eurozone. Still, further research is essential in this area to

establish the exact influence of Euro on tourism and also to find the further changes that can be

done in the currency in order to achieve further improvement in tourism.

2) From what you learned in the textbook and the power point, discuss how

demographic factors in Europe may impact tourism.  Provide at least two illustrative examples of

demographic factors or changes and explain how they might impact tourism.

Ans: It is possible that the demographic factors in Europe may have a direct impact on

No Comments

Post a Reply