Describe the benefits david ricardo attributed to free trade


Case Study - Intel's "Rebates" and Other Ways It "Helped" Customers

Write a reflective journal that is no less than three pages long and that addresses the lessons from the text/readings and how they are applicable to the case study.

 Unit Overview

This unit examines the morality of the market system as a whole and the ethics of various marketing practices.
Unit Objectives

After completing this unit, students will be able to

o Explain why John Locke felt that the government must leave people free to exchange their property;

o Discuss why Adam Smith believed that free markets produce results consistent with the public good;

o Describe the benefits David Ricardo attributed to free trade;

o Explain what injustices Karl Marx believed were inherent in free market capitalism;

o Identify what conditions must be in place for a perfectly competitive free market to exist;

o Understand why monopoly markets are ethically questionable; and

o Discuss why oligopoly companies act like monopolies and what can be done about it.

Attachment:- intel_case_study.rar

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