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five forces

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Issue:

Business

 

Written by:

Sherry K

 

Date added:

June 6, 2014

 

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Grade:

A

 

No of pages / words:

1 / 198

 

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9750 times

 

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Prices in many of the newer Member States were even lower. The differences in the price of handrolling tobacco (HRT) were even more marked. A 50g pouch cost ?11.20 in the UK but could be
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On a typical pack of 20 cigarettes the total tax burden of ?4.33 accounts for 76% of the recommended retail price (RRP) of ?5.66. On some of the least expensive brands the total tax burden accounts for up to 90% of the RRP. It has been the policy of successive Governments to maintain a high level of tax on tobacco products in order to reduce tobacco consumption and the prevalence of smoking...
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