Tourists discouraged from entering the UK – exchange rate evaluation

Economic theory suggests that when a country has a relatively weak currency like our own, tourism should take a boost as foreigners will be attracted by cheaper prices.

The first 2 minutes of this video are great for an evaluation point as despite having a weaker currency than Europe, we are attracting a lot less tourists from China and India than Germany and France. The cause seems to be too much red tape and high visa costs.

Video