ABSTRACT
Most of these generic advantages and disadvantages, and the factors just mentioned, will be developed in the different sections of this chapter. In the first section, ‘tourism’ is considered as a strategic dimension of regional and national economic development. Tourism has a number of comparative advantages relative to most other sectors in the development of backward areas.A later section examines the balance of payment effects, and will show that these effects are much more than inbound and outbound expenditures.
