Answer to Question #65586 in Macroeconomics for jennifer
What Factors of production of the germane resources in each country were different in 2009 as compared to 2013?
Tourism is an important industry in New Zealand, directly contributing NZ$7.3 billion (or 3.7%) of the country's GDP in 2013, as well as directly supporting 110,800 full-time equivalent jobs (nearly 6% of New Zealand's workforce). A further 5% of GDP (or NZ$9.8 billion) is indirectly contributed through the flow-on effects of tourism. International tourist spending accounted for 16% of New Zealand's export earnings (nearly NZ$10 billion). International and domestic tourism contributes, in total, NZ$24 billion to New Zealand's economy every year. The vast majority of tourist arrivals to New Zealand come through Auckland Airport, which handled nearly fifteen million passengers in 2013. 
Need a fast expert's response?Submit order
and get a quick answer at the best price
for any assignment or question with DETAILED EXPLANATIONS!