How smuggling effects economy of my country?

[Alexandoy]

Smuggling is a big issue here but I wonder why the smugglers are not caught. What goes on is a report in the news that a cargo of cigarettes or even a whole warehouse of smuggled cigarettes is discovered. But the report is just up to that and no more follow up. The owner of the warehouse is not even identified.

 

[Adasun]

Nothing can ever be perfect, smuggling is a menace that would stand a test of time.sometimes I don't blame the smugglers because this is the way they to survive.i blame the economy,if you internal goods are good and can compete perfectly with smuggled goods,it would reduce all this problems.

 

[Kaffyfolla]

Smuggling hurts the economy in a number of ways. Because it is an act of tax evasion, the government is deprived of the much-needed revenue to provide social services and undertake development projects especially for an economy that is vulnerable to external revenue shocks. Smuggled goods distort market prices since they are often cheaper than the ones supplied to markets through legal routes thereby exposing genuine traders to unfair competition.

 

[jay]

Smuggling of goods causes inflation for counties economy, and also reducing the county's monetry value in the exchange market. Smuggling and bring in low quality and substandard goods Into the country.

Yes of course, it's definitely going to increase the inflation of prices and everything in the country. And also depending on what's been Smuggled in, it may increase crime rate.

 

[ganibade]

Smuggling is an act of importing an illict goods to the country. This affects economy of the country by importing drugs and contraband foods that affect humans life in one way or the other.

 

[Shigobad20201]

Smuggling is an act of importing an illict goods to the country. This affects economy of the country by importing drugs and contraband foods that affect humans life in one way or the other.

The only effect I think smuggling can have on The economy of the country is that the miney meant to be paid do tax won't reach the government's because it would have been diverted

 

[jay]

Smuggling is very dangerous on all economy of the world. Now those who depend on local production will be affected badly and why I said this is that the smugglers won't allow local production to flourish in the market and if the government are also not doing enough the economy of the country can go down

I believe that a lot of people who understand the dangers of getting into small Glenn will always know that is never good for anything because it takes out a lot of good in the country and actually causes them to lose their value.

 

[Ononivami1]

Smuggling will not help the local manufacturers as the goods that was smuggled are sold at a cheaper amount in the market. For instance, smuggled rice is cheaper than the one manufactured locally.

 

[Lens]

when goods are moved illegally into the country, it will have adverse effect on the economy. Most of the goods moved in are contraband.

 

[Shigobad20201]

When goods and services are moves from one country into another in an hidden way ,and does not pass through the appropriate channels , it will affect the country economic because the government will not be able to take tax .

 

[tyrim88]

There is a lot that the illegal smuggling of products and goods can do to a country,the local economy and manufacturing sector will suffer and in the long run crumble,revenue shortfall will be experienced by the government.

 

[Sotherefore]

Smuggling of product does not really affect the economy of a particular country negatively but it is an illegal activities and people who are caught engaging in these activities are always punished.

 

[Ononivami1]

when goods are moved illegally into the country, it will have adverse effect on the economy. Most of the goods moved in are contraband.

Smuggling will definitely affect the economy of the country because it will not allow the locally manufactured products to strive. The smuggled goods are often cheaper than the local products.

 

[Lens]

Smuggling will definitely affect the economy of the country because it will not allow the locally manufactured products to strive. The smuggled goods are often cheaper than the local products.

This is definitely what really happened when smuggling. It is the locally manufactured goods that suffered from the aftermath of smuggling because people would go for cheap things.

 

[Setho]

Smuggling of contraband items especially through the black market has a lot of negative effects on the economy of a country . Because of the ways in which they have to go in order to do that they usually flood the market with substandard products and one that can lead you to health complications .

 

[Syldan]

Smuggling has so many effort on the economy because it most often deals with the illegal improtation of goods that are not supposed to be imported such as drugs dealing etc.

 

[Sincerem]

Smuggling is a really unlawful venture and a lot of states and regions around the world are suffering from the negative effect of smuggling and sometimes this goods are of very low quality or fake and if it is medical supplies can really be devastating to the health of those who use it.

 

[Setho]

It is never a good thing to try to smuggle things that have been banned into the country. A lot of countries usually do this in order to boost local production and as such whenever you are doing something like this you are going to flood the market with substandard and unwanted goods.

 

[Ononivami1]

This is definitely what really happened when smuggling. It is the locally manufactured goods that suffered from the aftermath of smuggling because people would go for cheap things.

That is why the government are totally against smuggling inorder to encourage the local manufacturers. The smuggled goods does not pass through the quality checks and as a result may be very bad to consume.

 

[Lens]

That is why the government are totally against smuggling inorder to encourage the local manufacturers. The smuggled goods does not pass through the quality checks and as a result may be very bad to consume.

The government need to fight smugglers very well inorder to encourage the local manufacturers. This will go a long way to helping the locally made products make high turnover.