The Leading International Organization in the Field of Travel and Tourism

question 27

Multiple Choice

The leading international organization in the field of travel and tourism is

• A) World Trade Organization
• B) Western Tours Organization
• C) World Tourism Organization
• D) Worldwide Tour Operations

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Definitions:

Collectibles

Items of personal or aesthetic value, often rare or unique, that are sought after and collected by enthusiasts.

Reserve Ratio

The reserve ratio is the portion of depositors' balances that banks must have on hand as cash, determined by central banks to ensure stability and liquidity.

Reserves

Funds or material set aside or saved for future use, often referring to cash or other assets held by a bank or a company.

Fed

The Federal Reserve System, the United States' central bank, holds responsibility for implementing monetary policy.