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Keep in mind though that Turkey has a very large tourism sector (that has doubled in size as a % of GDP), which is an export with little external inputs and is
by martinald 3y ago
Keep in mind though that Turkey has a very large tourism sector (that has doubled in size as a % of GDP), which is an export with little external inputs and is mostly all 'value add'.
- throwaway2037 3y agoThis is an excellent addition to my post. Thank you to share. I never thought about tourism this way. Hat tip! WTO says: Tourism is an export sector. It is a source of foreign exchange earnings; it grows a countryʻs national output; it is subject to the rigours of the international marketplace. You wrote: "that has doubled in size as a % of GDP" To clarify this phrase: Do you mean: Tourism, as a share of GDP, has _recently_ doubled? Google tells me: 2014: 4.7% -> 2019: 11% (LGTM) Or do you mean something else? (I promise: I am not nitpicking.)