Thursday, November 13, 2008

Unit 1: Negative externalities associated with smoking in the developing world

Two clips from the BBC on smoking in China and India; the figures are mind boggling! China India

a) What negative externalities are there for China and India of smoking on such a vast scale?
b) What private costs are there associated with smoking?
c) Comment on the likeyhood of the suggested government actions reducing the negative externalities

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