TMA02 EXAM SCRIPT 2026 COMPLETE
QUESTIONS AND SOLUTIONS GRADED A+
⩥Invisible Export - the contributions of tourism and hospitality in social
and financial growth are so significant that economists called it
⩥Economic Impact - When travelers go to destination sites and expend
money in that place for goods, services and products, the tourism and
hospitality industry acts as an export industry by bringing revenues from
outside sources.
⩥a. Direct effects
b. Indirect effects
c. Dynamic effects - The Overseas Development Institute (ODI) World
bank identified three main pathways of how the tourism and hospitality
industry impacts the economy of a country:
⩥Direct Effects - the wages and earnings of those who participate
directly in the sector as workers or entrepreneurs which directly receives
the actual payment or income from tourist expenditures.
⩥Indirect Effects - Occur through the tourism values chain. The money
received from the tourist expenditures will be used in turn to buy
supplies such as raw materials, food, beverages, and materials for