Tourism can be domestic or international, and international tourism has both incoming and outgoing implications on a country’s balance of payments. Today, tourism is a major source of income for many countries, and affects the economy of both the source and host countries, in some cases being of vital importance.
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Tourism can be domestic or international, and international tourism has both incoming and outgoing implications on a country's <a title="Balance of payments" href="https://en.wikipedia.org/wiki/Balance_of_payments">balance of payments</a>. Today, tourism is a major source of income for many countries, and affects the economy of both the source and host countries, in some cases being of vital importance.