International tourism is regarded by countries as a means of economic development that is manifested in the following.• Providing tourists goods and services, the country is more involved in the system of international division of labor, rationally using its natural resources.

• International tourism is an effective source of foreign currency, including due to the “internal exports”, i.e. the tourism local products. As an example, Italy, where the efficiency of the foreign exchange earnings from tourism helped to mitigate the problem of external payments. Over the past period surplus in its current account for 70-80% was formed due to the contribution from international tourism. Under the receipts from international tourism refers to the payment for goods and services made by foreign tourists during their stay in the country, except for earnings from additional employment and payment of international transit. International tourism expenditure includes purchases of goods and services produced by residents of the country abroad.

Revenues from international tourism are constantly increasing. If in 1990 they amounted to 255 006 million. with most of the income received by the USA (40 579 million), then in 1998 495 million. (revenue — 120 million.), and by 2020 are expected to be $ 2 billion. The ratio between income and expenditures from international tourism in countries and regions differs. The largest positive balance are Spain (+14 339 million); France, Austria, Italy, the most negative balance are Japan, Germany.

In addition, as a result of expenditure incurred by foreign tourists in the host country, first, the increased incomes of tourist firms (direct effect), secondly, the demand for goods and services suppliers, which in turn is increasing the demand for goods and services of their suppliers and, consequently, to revenue growth in all sectors (indirect effect), third, increase personal income directly or indirectly related with the tourist business, and this leads to increased consumer demand (involuntary effect). Indirect and involuntary effect in the aggregate is called a secondary effect.

• Foreign exchange revenues from tourism accelerate the investment process not only in tourism but in other sectors of the regional and national economy, contributing to the development of backward regions. With the development of international tourism rapidly developing tourist industry of the industrialized countries, which involved hospitality, transportation, food, footwear, clothing and other industries. Growing demand for medical care, stimulated the development of handicraft industries, specializing in the production of Souvenirs. The development of tourism creates new jobs, increases income and GNP.