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,
Summer Olympic Games Eastern Bloc that did attend the 1984 Olympics. These games were perhaps the first games of a new era to make a profit. Although a boycott led by the Soviet Union depleted the field in certain sports, 140 National Olympic Committees took part, which was a record at the time. Again, without the participation of the Eastern European countries, the 1984 Games were dominated by their host country. The Games were also the first time mainland China (People's Republic) participated. According to British journalist Andrew Jennings, a KGB colonel stated that the agency's officers had posed as anti-doping authorities from