Such control is arguably necessary in order to harmonize the United State ' s international health and trade policies with its own domestic regulation restricting the advertising . During the Eighties, the U.S. government promoted tobacco exports. To continue exportation , despite our own increasing regulation of this known toxin , poses a possible foreign relation problem. The author advocates the creation of an U.S. independent office to monitor tobacco exports and lead international efforts to address the known health problems created by tobacco use. The article reviews measurers taken by Latin American countries to increase private investment capital after the region's 1980''s debt crisis.
Analysis is centered on Argentina, Brazil, Chile and Mexico as pro-typical for the region.
Latin American countries moved toward following a contemporary economic model that emphasizes the central role of the market, minimization of state intervention, and stresses export led growth. As an example of change, laws removed restrictions on the movement of investment capital in and out of Latin American countries and allowed accounts to be in dollars. Such measures have created optimistic prospects for long - term economic growth in Latin America , but the region will need large amounts of external capital for further infrastructure development, requiring a large debt refinancing. In reaching this conclusion, Kapoor reasons that a free market approach will best serve the public interest, and recommends that ' 310 should be amended to permit competitive entry into this market. Kapoor also considers the effects of direct and indirect foreign ownership of radio licenses, which he suggests will not significantly damage a nation's cultural identity.