Olympic Games profits from the Olympic symbols. The IOC also takes a percentage of all sponsorship and broadcast income. Host cities continue to compete ardently for the right to host the Games, even though there is no certainty that they will earn back their investments. Research has shown that trade is around 30 percent higher for countries that have hosted the Olympics. The Olympic Movement uses symbols to represent the ideals embodied in the Olympic Charter. The Olympic symbol, better known as the Olympic rings, consists of five intertwined rings and represents the unity of the five inhabited continents (Africa, America, Asia,
Bids for Olympic Games the Salt Lake 2002 Organizing Committee (SLOC), was chosen to follow the practice of "one bid, one city" already at the 2002 Games in Salt Lake City, with one Organizing Committee for both Games, which was followed up by the 2004 Games in Athens and Turin in 2006. The agreement was adjusted in 2003. An extension was signed in June 2006. Bids for Olympic Games Bids for Olympic Games is the process where National Olympic Committees select from within their national territory cities to put forward bids to host an Olympic Games. The staging of the Paralympic Games is automatically