MAKING SENSE OF SYRIA'S ECONOMY

Karam Shaar Advisory LTD

Syria, Lebanon, Smuggling, and Prices…

Syria, Lebanon, Smuggling, and Prices

It’s interesting how Syrian and Lebanese officials blame smuggling between the two countries for much of the unaffordability of basic goods in both countries.

But when a good is smuggled, it must get cheaper in one country and more expensive in the other. It can’t get more expensive in both!

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