Description
Externalities
Your assignment this week is to assess the importation of prescription drugs. See the file attached above for specific details and grading criteria.
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Explanation & Answer
Attached.
Running head: ADVANTAGES AND DISADVANTAGES OF IMPORTATION
Advantages and Disadvantages of Importation
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Institution:
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ADVANTAGES AND DISADVANTAGES OF IMPORTATION
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Positive Impact of Importation.
Importation of products in a country has a lot of benefits to the customers in the
market. The customers are for instance able to enjoy a wide variety and quality products on the
market. Like any other products, foreign prescription drugs can also be imported into a country.
Importation of the prescription drugs gives patients in a country a variety of drugs to choose
from when suffering from different ailments. Since there are a variety of drugs in the market,
patients will be able to get the one that is most effective on them. Importation of drugs also
ensures there are nor shortages in the market. Customers will enjoy the benefits of having the
drugs whenever they need them. This way, the he...