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Cost of smoking-related deaths seen as downside of lower tariffs.
Byline: Woranuj Maneerungsee
May 2--Tariff cuts under the Asean Free Trade Area have helped boost intraregional trade and investment ties, with consumers the ultimate beneficiaries in the form of lower prices and better quality products and services.
But an economist at Chulalongkorn University says trade liberalisation should not necessarily be applied to all products.
According to Isra Sarntisart, trade liberalisation under Afta could cause an additional 1,339 deaths in Thailand over the next two decades from tobacco-related causes as tobacco and cigarette tariffs have fallen under the trade liberalisation agreement.
Mr Isra makes his case in a study titled "Afta ...
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