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,
Winter Olympic Games been selected to host a Winter Olympics and it was the second time the Olympics were held in the country overall, after the 1988 Summer Olympics in Seoul. The Games took place from 9 to 25 February 2018. More than 2,900 athletes from 92 countries participated in 102 events. The Olympic Stadium and many of the sports venues were situated in the Alpensia Resort in Daegwallyeong-myeon, Pyeongchang, while a number of other sports venues were located in the Gangneung Olympic Park in Pyeongchang's neighboring city of Gangneung. The lead-up to the 2018 Winter Olympics was affected by the tensions between