Author(s)

Conclusion

Agiomirgianakis & Sfakianakis (2014)

An exchange rate depreciation draws tourist flows.

Song & Li (2008)

They have shown that an exchange rate devaluation attracts tourist flows.

Patsouratis et al. (2005)

It can be said that an exchange rate devaluation attracts tourist flows.

Akatsuka & Leggate (2001)

There is an important link of the shipping industry with the exchange rate risk.