How are you all, I hope you are always healthy and always under the protection of the creator, amen to all steemians friends, on this occasion I will take part in the Steemit Engagement Challenge, SEC -S15W5 in the @steem4bangladesh community with a very interesting title, namely "EC-S15W5:" Foreign Exchange" Immediately, all steemians friends.
Name 3 main ways your country earns foreign exchange. Briefly explain how each method works.
3 main ways our country earns foreign exchange.
Exporting Goods.
This method is the best way to earn foreign exchange, by exporting goods abroad our country will increase the foreign exchange earnings our country has.Providing funds to private offices
Private funding is also a way for our country to save or increase foreign exchange earnings, because private funding will increase our country's foreign exchange earnings.Tourism
Tourism This is the main sector in increasing our country's foreign exchange, because our country is already famous for various tourism sites that have been recognized internationally. Therefore, many foreign tourists do not want to travel to Indonesia, because Indonesia is a unique country and full of mystery and strong culture. Of these 3 ways, there are many more ways for our country to increase foreign exchange.
Which sector contributes the most to your country's foreign exchange earnings? Why?
As I explained above, the tourism sector is the one that contributes the most to our country, because in our country there are many tourist attractions that are liked by foreigners, so with the arrival of foreign visitors or tourists from abroad then Our country will add more foreign exchange.
Do your country's foreign exchange reserves depend on this sector or are there many other sectors that could be used as alternatives?
Our foreign exchange reserves do not depend on one sector, such as tourism, indeed the tourism sector is the largest sector to increase our country's foreign exchange, but there are also other sectors to increase our country's foreign exchange, such as Customs and Excise and debt to other countries
What problems do you think your country will face if this sector collapses?
In my personal opinion, if this sector collapses, there will be an economic crisis, because this sector is very influential on our country, for example like in 2020 when the disease known as the corona virus hit, then every country will be in chaos, and a process is needed to fix that.
Ok that's enough, Oh yes, I want to invite my steemit friends named @cruzamilcar63 @safridafatih @suhaimiarza @ydavgonzalez @m-fdo, to participate in this challenge, and wish me luck.
Thank you very much for visiting my post this time to those who visit. See you again in the next post, Greetings from me @mulkanalvaro
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Upvoted. Thank You for sending some of your rewards to @null. It will make Steem stronger.
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💯⚜2️⃣0️⃣2️⃣4️⃣ This is a manual curation from the @tipu Curation Project.
Also your post was promoted on 🧵"X"🧵 by the account josluds
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Upvoted 👌 (Mana: 3/6) Get profit votes with @tipU :)
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Thank you for the invitation to this interesting contest. I hope I can follow it.
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Thank
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Nice post bro. Insyaallah I Will participate in this contest soon ☺️
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Thank you so much
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Hi I hope you are doing well. Foreign exchange drives global trade and financial markets, influencing economies worldwide with its fluctuations and trends. Understanding its dynamics is key to navigating the complexities of international commerce and investment. Wishing you the best in future.
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Amiin, thank you very much
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Saludos, amigo... El sector turístico, de acuerdo con tu exposición, es que más divisas aporta a la economía del país. Me imagino, entonces, que se trata de una nación con muchos atractivos naturales, los cuales son cuidados por todos, tanto por las autoridades como por sus habitantes, para que el visitante se sienta cómodo y feliz cuando vaya por esos predios. Así mismo, la infraestructura y los servicios que se ofrecen deben ser óptimos, con el fin de que el turista se sienta agradado y hable de su magnífica experiencia por el mundo. Me encantaría viajar a ese destino. Éxitos n el concurso, amigo.
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