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States then promise to repay bondholders with their tobacco money, which is used to pay interest each year, usually for 30 years or less, and pay down the up-front principal

While also having to work under dangerous conditions, these workers mine by hand day in and day out and subject themselves to numerous health defects as they are exposed to high levels of toxic metals (Frankel)

However, tobacco companies have undermined this strategy by introducing new Super Value and Budget brands, by pricing strategies that increased the differen- tials between these price partitions and Everyday and Premium brands, and by under- shifting of excise tax increases post- plain packaging

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