Page 25 - Introduction to Tourism

profile examples include the worldwide

phenomenon of deregulation and privatization

and the more focused process of economic (and

eventually social) integration brought about by

the formation of regional trade blocs such as the

European Union (EU) and the North American
Free Trade Agreement (NAFTA). Parallel

initiatives in Asia are Asia Pacific Economic
Cooperation (APEC) and the Association of

Southeast Asia Nations (ASEAN). Even more
recently, the events of

September 11, 2001, have incited many

governments to introduce new regulations

concerning airline travel and entry to countries

that impact on both domestic and international

travel.

Operating Sectors of the Tourism Industry

The operating sectors of the tourism industry

represent what many of the general public

perceive as “tourism.” First and foremost, the

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