The Japanese Yen keeps tumbling, and there’s a lot of factors that go into that. But shouldn’t the massive number of people visiting Japan and buying yen help boost their currency?
In: Economics
Tourism brings in foreign currency, but there’s more too it than that.
Many of the jobs that service tourists are pretty low skill, low pay jobs; and your economy as a whole might be in a better place if those people were working in higher skill, higher paid jobs.
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