5. Prescription drug prices in the United States are often substantially higher than in Canada, the United
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5. Prescription drug prices in the United States are often substantially higher than in Canada, the United Kingdom, and India. Today, pharmacies in these countries fill millions of low-
cost prescriptions through the mail to U.S. citizens. Given that the pharmaceutical industry cannot prevent the resale of these drugs, are the industry’s efforts to price-
discriminate useless? Explain your answer.
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