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Discussion Post: Importation of Luxury Harmful Products
Because of higher competition and market saturation, marketers in industrialized countries try to develop third-world markets. Asian consumers alone spend $90 billion a year on cigarettes, and US tobacco manufacturers push relentlessly into these markets. We find cigarette advertising, which often depicts glamourous Western models and settings, just about everywhere--on billboards, buses, storefronts and clothing--and tobacco companies sponsor many major sports and cultural events. Some companies even hand out cigarettes and gifts in amusements areas, often to preteens.
Should governments allow products to be imported even if they may be harmful to citizens or divert money from more important essentials? If you were a trade or health official in a third-world country, what guidelines, if any, might you suggest to regulate the import of luxury goods from advanced economies?
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