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When you think of ethics, don't you ponder why U.S. firms are continually increasing their prices to the general public in the midst of higher price levels? Is it ethical for these firms to charge various prices to consumers based on geographical regions throughout the United States? Do you foresee ethics playing a role in which U.S. firms trade with developing countries is it ethical for U.S. pharmaceutical companies to charge a higher price to developed countries compared to lower prices to developing countries for pharmaceutical drugs? For this module week's ECONversation, respond to the following prompt. • How does the role of ethics pertain to comparative advantage at the local, regional, national, or international level? • How does the federal government restrict international trade, and what effect does that have on different countries?

When you think of ethics, don't you ponder why U.S. firms are continually increasing their prices to the general public in the midst of higher price levels? Is it ethical for these firms to charge various prices to consumers based on geographical regions throughout the United States? Do you foresee ethics playing a role in which U.S. firms trade with developing countries is it ethical for U.S. pharmaceutical companies to charge a higher price to developed countries compared to lower prices to developing countries for pharmaceutical drugs? For this module week's ECONversation, respond to the following prompt. • How does the role of ethics pertain to comparative advantage at the local, regional, national, or international level? • How does the federal government restrict international trade, and what effect does that have on different countries?

ENGR.ECONOMIC ANALYSIS
ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN:9780190931919
Author:NEWNAN
Publisher:NEWNAN
Chapter1: Making Economics Decisions
Section: Chapter Questions
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When you think of ethics, don't you ponder why U.S. firms are continually increasing their prices to the general public in the midst of higher price levels? Is it ethical for these firms to charge various prices to consumers based on geographical regions throughout the United States? Do you foresee ethics playing a role in which U.S. firms trade with developing countries - is it ethical for U.S. pharmaceutical companies to charge a higher price to developed countries compared to lower prices to developing countries for pharmaceutical drugs? For this module week's ECONversation, respond to the following prompt. • How does the role of ethics pertain to comparative advantage at the local, regional, national, or international level? • How does the federal government restrict international trade, and what effect does that have on different countries? Support your post by incorporating concepts from this module week's readings as well as any additional literature or personal experience. All references should be documented using the current APA style. Post your initial post by the fourth day of the module week. Return by the sixth day of the module week to review your classmates' posts. Reply to at least two of your classmates.
Transcribed Image Text:When you think of ethics, don't you ponder why U.S. firms are continually increasing their prices to the general public in the midst of higher price levels? Is it ethical for these firms to charge various prices to consumers based on geographical regions throughout the United States? Do you foresee ethics playing a role in which U.S. firms trade with developing countries - is it ethical for U.S. pharmaceutical companies to charge a higher price to developed countries compared to lower prices to developing countries for pharmaceutical drugs? For this module week's ECONversation, respond to the following prompt. • How does the role of ethics pertain to comparative advantage at the local, regional, national, or international level? • How does the federal government restrict international trade, and what effect does that have on different countries? Support your post by incorporating concepts from this module week's readings as well as any additional literature or personal experience. All references should be documented using the current APA style. Post your initial post by the fourth day of the module week. Return by the sixth day of the module week to review your classmates' posts. Reply to at least two of your classmates.
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