Phillip Morris International

[benjamen]

While it has been fun to watch you two argue, it seems you are both partially correct. Many tobacco companies, including PM, have been selling a smaller volume of cigarettes. However, total global consumption of cigarettes is actually increasing. In what countries are volumes increasing (it seems to mostly be in the far east) and what companies are dominate in those markets (JTI, BAT, and state monopolies seem to prevalent)?