Loose-Leaf for International Business
12th Edition
ISBN: 9781260390070
Author: Charles W. L. Hill Dr, G. Tomas M. Hult
Publisher: McGraw-Hill Education
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Chapter 5, Problem 4CTD
Summary Introduction
To explain: If facilitating speed payments should be ethical.
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Loose-Leaf for International Business
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- When it comes to life-saving drugs, do pharmaceutical companies have a moral obligation to make them available in poor countries at little or no cost? Explain why or why not. What about effective but non-life-saving drugs like ranolazine?arrow_forwardHow then could you still justify the prohibition of Cocaine by the government of the USA?arrow_forwardYou would like to get your company's product into North Korea to sell to its residents. Before you can do that, however, you need the approval of North Korean customs officials. You have learned through the grapevine that North Korean customs officials expect a direct payment from you to them to get approval. This would be an illegal bribe if it were made to a U.S. customs official, but suppose such a transaction is commonplace in North Korea. Do you make the payment? If your boss says to pay the money, should you do it? What potential legal problems are presented by these payments?arrow_forward
- Since there are few legal limitations to the surveillance of private citizens by industry, could the government contract surveillance to private companies? Would this be legal? Would it be desirable? Should law enforcement be involved? Should donors be informed?arrow_forwardWhat is the Aid For Trade Program of the World Trade Organization? What are its pros and cons?arrow_forwardWhat is Free Trade Agreement?arrow_forward
- What are the differences between the evaluation of humanitarian assistance programs and ‘conventional’ aid programs?arrow_forwardHow does the current payment system fall short in meeting the needs of vulnerable populations?arrow_forwardShould U.S. foreign policy include provisions for reducing poverty in other nations of the world? Should U.S. domestic policy include provisions for reducing poverty in the United States? How are these issues similar? How are they different?arrow_forward
- How would you respond to critics who say that cap-and-trade programs allow polluters to buy their way out of the responsibility of cleaning up their operations?arrow_forwardWhat other policies should the United States government pursue to secure access to crucial medical goods during shocks like Covid-19?arrow_forwardExplain why tariff, quotas, exchange control, and trade agreements are government actions that we should be concerned about as we evaluate a country?arrow_forward
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