In the News
Britain's Tourism Trade Deficit Widens
Geoff Riley
21st May 2015
Tourism is becoming an increasingly big contributor to the trade deficit in goods and services according to new data from the Office for National Statistics. UK residents made 11.5 million visits abroad in the three months to March 2015, 8% higher than a year earlier, and spent £6.8 billion on these visits.
Geoff Riley
Geoff Riley FRSA has been teaching Economics for over thirty years. He has over twenty years experience as Head of Economics at leading schools. He writes extensively and is a contributor and presenter on CPD conferences in the UK and overseas.
You might also like
Ghana - Economic Growth and Development
Study Notes
International Trade Agreements
26th June 2015
The falling £ and the circular flow
25th September 2016
Comparative Advantage and Gains from Trade
Topic Videos
Tourist Overload and Rational Choice Theory
24th August 2018
Nature-Based Tourism in Laos
30th September 2020
UK Economy - Does a rising current account deficit matter?
27th March 2023
4.3.3 Tourism (Edexcel A-Level Economics Teaching PowerPoint)
Teaching PowerPoints