Globalization refers to the interaction of different people around the world with different cultural and ethnic background aided by Computer Technology and networks. Due to the presence of Internet we all our virtually connected with each other through a medium by way of which we can communicate, conduct business, get news, involved in politics etc. Any politics and business in one part of the world can affect people in the other part of the world. It has increased international trade and investment.
Tourism has affected cultural, political systems and economic development by enhancing the investment opportunities in foreign market. Technology has driven global countries closer to each other. It has transformed our life to a new way of thought and doing business.
The fastest growing sector of global economy is tourism. Billions of dollars of investment has been made to expand this industry for increasing the foreign investment and economic funds.
Aruba has an emerging opportunity for investment from foreign traders. Tourism in Aruba not only supports multiple intercultural links but also enhances modern world trade. Tourism has developed stronger links between Aruba and the world. It has been researched that tourists from around the world anxiously visit Aruba for investment into their business and trade. Visitors from China, Japan, France, Italy, Greece, Spain, Africa and Asia tour Aruba. Tourists from different racial, ethnic, cultural, and national background have boosted the trade between Aruba and these countries. According to one estimate number of a second time visitors has increased showing their deep interest in the countryside and investment opportunities.
Graphical representation of annual tourists against investment shows direct proportionality of tourism against investment. As tourism has increased gateway to tourists from around the world it has increased tremendous business opportunities and foreign investment....................
