5. Because of higher competition and market saturation, marketers in industrialized countries try to develop Third World
Question:
5. 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 U.S. tobacco manufac turers push relentlessly into these markets. We find cig- arette advertising, often depicting glamorous Western models and settings, just about everywhere-on billboards, buses, storefronts, and clothing-and tobacco companies sponsor many major sports and cul- tural events. Some companies even hand out cigarettes and gifts in amusement areas, often to preteens. Should governments allow these practices, even if the products may be harmful to their citizens or divert money poor people should be spending on 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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