lesson 1-5 facts Flashcards
What was the value of international tourism between 2005 and 2015?
The value of international tourism doubled to more than $1 trillion.
Which country had the highest volume of international tourism expenditure in 2019?
China had the highest volume of international tourism expenditure.
Which continent received more tourist arrivals than any other in 2019?
Europe received more tourist arrivals than any other continent.
What proportion of financial investments are international transactions now?
Currently, 1/3rd of financial investments are international transactions.
What is the projected trend for international transaction flows in the next decade?
Flows could triple due to rising prosperity, globalization, and the spread of technology.
What percentage of holidaymakers visited overseas in the 1960s?
Less than 10% of holidaymakers visited overseas in the 1960s.
What percentage of UK holidaymakers traveled abroad at least once a year by 2005?
By 2005, 60% of UK holidaymakers traveled abroad at least once a year.
What was the economic output of the tourism industry in the UK pre-COVID?
The economic output was £68 million, accounting for 6% of all economic input.
What percentage of total world trade does the World Trade Organization (WTO) represent?
The WTO represents more than 97% of total world trade.
How many stores does Walmart have?
Walmart is the world’s biggest retailer, with over 11,000 stores, including 600 outside of the USA.
What percentage of the population in Qatar lives in cities?
99% of the population in Qatar lives in cities.
What economic change occurred in Qatar after the discovery of oil in 1939?
Qatar experienced rapid economic growth and now owns 13% of the world’s oil reserves.
What percentage of Nigeria’s income comes from oil and gas?
Oil and gas accounts for more than 80% of Nigeria’s income.
