Title : (Name (Course Name (Institution Name16th May 2010First Part : Changes under capital of Portugal TreatyThe Lisbon treaty which was signed by the entire European Union sections and implemented in 2009 has positive effects on the European tourism industry . The new policy requires sh ar states to fully support the actions of other union members . This means that , foreign advertising and tourism promotions will be supported by all the European Union members (Chris et al 2005 .It is essential to feel that when countries embark on joint tourism promotional campaigns the chances of triumph are always high up . This can be attributed to the high investment by the member countries .
In another possibility , once a single state decides to follow a specific channel concerning tourism issues , all the other member states must pursue that similar objectiveThe acceptance of the euro as the recognize medium of exchange within the member states will alter a steady money respect compared to other transnational currencies . If countries are using a common currency whence its stability is guaranteed , thus minimizing the losses experienced during currency value fluctuations . International business entrepreneurs on the other hand are more interested in investing in economies which bind stable currency . The Lisbon treaty also proposed the using up of aquatic tourism which is aimed at increasing the awareness and variegation to aquatic related tourism . It s well known that the EU has some of the world s richest seas . For instance , Norway a member of the EU is...If you want to get a full essay, order it on our website: Ordercustompaper.com
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