Lecture 7 Ethics

1. International Economics
Lecture 7
Lecture 7
Lecture 7

2. Ethics
Employment Practices
Human Rights
Environment
Corruption
Moral Obligations

3. Moral Dilemma
Two Horns
Realistic Alternatives
Not Utopia

4. Free Trade
Should Saudi Arabia
produce all of its
own goods?

5. Restrict Trade?
Benefits local
producers
Harms local
consumers

6. Mercantilism
Sounds good until you
think about it
Chain of consequences

7. Mercantilism
Trade is not a
zero-sum game