Currency Rate Of Tourism Essay

Introduction
Nowadays, the people in the world like to travel at the holidays. Actually, what makes them to have interest of travelling to another country or even at the own country. According to the Johnson (2014) people like to experience something new, learn the community skills like foreign language, become a volunteering to help the poor people at the Africa and so on. So if people keep travelling a year once, obviously it will impact to the country’s economy. According to the Ardahaey (2011), it raise 9.5% of global GDP (Gross Domestic Product) almost US$7 trillion in a year. It show rapidly growth of the economy, but then what causes the tourism industry have this kind of influence. This research shows that the tourism industry can affected

At first, what is currency rate? Currency rate means the price of nation’s currency. In addition, the country’s economy will affected the exchange rate. So, what are the things that can affect the currency rate and flow of the country? That is tourism industry. As cited in (Ardahaey 2011), Mathieson & Wall (1992) said that the income or profit of the company is totally depending on tourist spend. While the government get this extra income from tourism through the direct taxation on tourist personnel, fee and service charges, tourism as well as taxation for the custom duties. In addition, the taxation makes the direct contribute economy of 3.6% of total GDP. (Mirzayev

Next, csrdjnu (2010) indicates that the country’s economy increase from RM8580.5 million in 1998 to RM53367.7 million in 2009. An increasing of 7.6% from a year 2008, which was growth by tourist expenditure. The research also shows that RM1697.5 million of tourist receipts come from the Australia visitor which is 427076 people in