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Is there an existence of black market in Philippines?

In: Cats (Felines), Farm Animals [Edit categories]

Answer:

There's a black market anywhere. So, yes.

First answer by Sashira. Last edit by Sashira. Contributor trust: 5 [recommend contributor ]. Question popularity: 1 [recommend question].

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Black Market Activities in the Philippines?
prostitution illicit weapons
Why is the black market called the black market?
Because the things are sold "in the black" as in a secret, illegal manner.
A black market is?
It is where goods, products, and services are sold illegally.
What is black market?
Illegal Way of buying and selling goods..
Who is involved in the black market?
While this is a market with demand and supply it is an illegal economy usually run by mafia, corrupt military officials, and other criminals. Those usually involved in the purchase of products are...