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black market

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Illicit Trade in the Tobacco Industry

Illicit trade in tobacco is the largest smuggling market outside of illegal drugs, states Don Hedley, Tobacco Industry Analyst at Euromonitor International. In fact, one of every ten cigarettes smoked globally is illicit. As a product, cigarettes are easy to smuggle – they’re small, light, and have high value. Advancements in technology have made counterfeit […]
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