Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Corporations oftenvote with their feetin terms of doing business where expenses are lowest and revenues are highest. Buying low and selling high is a basic

  • Corporations often"vote with their feet"in terms of doing business where expenses are lowest and revenues are highest. Buying low and selling high is a basic economic formula for success that has motivated international trade in many ways over the centuries.This is popularly discussed when governments consider tax policiesand is also applicable when they also consider the less obvious factor of environmental protections laws. If Mexico has no ban on DDT (a pesticide used in agriculture) and the USA has banned the use (but not the manufacture) of DDT, should a corporation buy land in Mexico, import DDT from the USA, grow larger crops, and export them to the USA?
  • What ethical duties does the corporation have to the workers in Mexico, the neighboring landowners, and the USA consumers about the potential dangers of using DDT?
  • Is there an ethical duty of DDT manufactures related to their export of DDT to countries that do not ban its use as the USA does?
  • Do you agree that environmental protection laws are "less obvious" as suggested above? Why/why not?

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Land Law Text Cases And Materials

Authors: Ben McFarlane, Nicholas Hopkins, Sarah Nield

5th Edition

0198868529, 978-0198868521

More Books

Students also viewed these Law questions

Question

Fill in the blank. 435 cm 3 = _________ l

Answered: 1 week ago

Question

1. To generate a discussion on the concept of roles

Answered: 1 week ago