1. What kind of public policy do you think the United States should have with respect to business competition? Develop moral arguments to support your answer(i.e., arguments showing that the kinds of policies you favor will advance the public welfare, or secure certain important rights, or ensure certain forms of justice).

2. In your judgment, should a U.S. company,operating in a foreign country in which collusive price-fixing is not illegal, obey the U.S. laws against collusion? Explain your answer.