Tourism English Final Exam
Circle and Write the most correct answer: _____
1. Who are the beneficiaries of hotel competition?
a. The economists
b. The consumers
c. World Trade Organization
d. The owners
2. Amtrak, VIA Rail and KTX are all examples of what kind of market: _____
a. monopoly
b. oligopoly
c. perfect competition
3. Cabotage Laws _____
a. Control taxes in hotels
b. Protect the US transportation market
c. Protect consumers from high exchange rate commissions
4. SkyTeam, Star Alliance, AAdvantage are frequent flyer programs that: _____
a. Offer flights upgrades
b. Partner with hotels and car rental companies
c. Accumulate miles and reward merchandise
d. Are another byproduct of airline deregulation
e. Both b and c
f. A, B, C and D all apply to most frequent flyer programs
5. The main factors that affect the economic benefits and costs of tourism to host communities are: ____
a. Government revenue effects
b. Price effects
c. Environment and society
d. All of the above
6. Which is not an advantage of a package tour: _____
a. Details of a trip have been taken care of by experts
b. No surprises
c. Itinerary ensures all must-see spots will be visited
d. They are most popular for repeat travelers to the same destination
True or False – Write T or F
7. A business becomes horizontally integrated if it acquires another business that either supplies inputs to it or purchases from it. ____
8. The supply response to changing market conditions is very high since the cruise industry is mobile.____
9. Norwegian Cruise Line has exclusivity rights in Hawaii. ____
10. IATA stands for International Agency for Transportation Assistance. _____
11. A tax on foreign purchases that increases the cost of foreign goods to domestic consumers is a tariff. ____
12. Duty-free allowances vary significantly between countries. ____
13. GDP is a relatively new economic statistical method to measure the impact of travel and tourism industries._____
1. Who are the beneficiaries of hotel competition?
a. The economists
b. The consumers
c. World Trade Organization
d. The owners
2. Amtrak, VIA Rail and KTX are all examples of what kind of market: _____
a. monopoly
b. oligopoly
c. perfect competition
3. Cabotage Laws _____
a. Control taxes in hotels
b. Protect the US transportation market
c. Protect consumers from high exchange rate commissions
4. SkyTeam, Star Alliance, AAdvantage are frequent flyer programs that: _____
a. Offer flights upgrades
b. Partner with hotels and car rental companies
c. Accumulate miles and reward merchandise
d. Are another byproduct of airline deregulation
e. Both b and c
f. A, B, C and D all apply to most frequent flyer programs
5. The main factors that affect the economic benefits and costs of tourism to host communities are: ____
a. Government revenue effects
b. Price effects
c. Environment and society
d. All of the above
6. Which is not an advantage of a package tour: _____
a. Details of a trip have been taken care of by experts
b. No surprises
c. Itinerary ensures all must-see spots will be visited
d. They are most popular for repeat travelers to the same destination
True or False – Write T or F
7. A business becomes horizontally integrated if it acquires another business that either supplies inputs to it or purchases from it. ____
8. The supply response to changing market conditions is very high since the cruise industry is mobile.____
9. Norwegian Cruise Line has exclusivity rights in Hawaii. ____
10. IATA stands for International Agency for Transportation Assistance. _____
11. A tax on foreign purchases that increases the cost of foreign goods to domestic consumers is a tariff. ____
12. Duty-free allowances vary significantly between countries. ____
13. GDP is a relatively new economic statistical method to measure the impact of travel and tourism industries._____