Argentine Tourism Deficit

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The Buenos Aires Herald reported that Argentina’s incoming tourists declined 7% last year.  The statistics bureau uses airport and port data to calculate the number of visitors.  The number of Argentines going abroad rose 6.2%, though “the Argentine tourism deficit,” which represents a growing strain on the Central Bank’s foreign reserves, “clocked in at US$553.5 million in 2013, according to an INDEC statistics bureau report.” 

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