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1. Do governments and companies in developed countries have an ethical responsibility to
contribute to economic growth and social development in developing countries?
2. As people engage in more international travel and become more familiar with other
countries, will cultural differences decline as a roadblock to international understanding
or will they continue to be a major barrier? Defend your answer.
Solution
Do governments and companies in developed countries have an ethical
responsibility to contribute to economic growth and social development in
developing countries?
Answer:
Governments and companies in developed countries cannot possibly avoid
taking part in or having an impact on the economic and social development of
developing countries. If they decide to evade their social responsibilities and choose
to have no impact, they will inevitably cause harm, as most developing countries
are not ready yet to reap the full benefits of global economic measures and market-
oriented economic systems and practices. Since richer governments and MNCs can
no longer assume an
Do governments and companies in developed countries have an ethical re.docx

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  • 1. 1. Do governments and companies in developed countries have an ethical responsibility to contribute to economic growth and social development in developing countries? 2. As people engage in more international travel and become more familiar with other countries, will cultural differences decline as a roadblock to international understanding or will they continue to be a major barrier? Defend your answer. Solution Do governments and companies in developed countries have an ethical responsibility to contribute to economic growth and social development in developing countries? Answer: Governments and companies in developed countries cannot possibly avoid taking part in or having an impact on the economic and social development of developing countries. If they decide to evade their social responsibilities and choose to have no impact, they will inevitably cause harm, as most developing countries are not ready yet to reap the full benefits of global economic measures and market- oriented economic systems and practices. Since richer governments and MNCs can no longer assume an