Title: Switzerland - Trade | Britannica
Headings: Trade of Switzerland
Trade of Switzerland
Finance
Learn how Switzerland's neutrality in past European wars and gold trade made it a secure banking centre
Services
Experience the vibrant Zurich at night

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During the Middle Ages healing spas such as Baden, Bad Pfäfers, Leukerbad, and Rheinfelden flourished, while mountain-pass hospices such as those on the Great Saint Bernard or the Furka were the predecessors of Alpine hotels. Since World War II, travel has increased at an explosive rate: hotels, guesthouses, and vacation apartments count millions of visitors each year, as do youth hostels and campgrounds. Efforts have been made with limited success to broaden the tourist season from the peak summer and winter periods in order to reduce congestion both in the resorts and on the highways. Nearly two-thirds of overnight stays are in the Alps and the Alpine foothills. The tourist industry as a whole employs more people than are engaged in farming and is heavily dependent on foreign labour. Apart from the traditionally important retail trade component of the service sector, business-related services are a fast-growing subsector, partly reflecting the outsourcing trend in the industry sector. Load Next Page