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U.S. pharmaceutical companies charge different prices for prescription drugs to buyers in different nations, depending on elasticity of demand and government-imposed price ceilings.

Explain why these companies, for profit reasons, oppose laws allowing re-importation of drugs to the United States. U.S. pharmaceutical companies charge different prices for prescription drugs to buyers in different nations, depending on elasticity of demand and government-imposed price ceilings.

Explain why these companies, for profit reasons, oppose laws allowing re-importation of drugs to the United States.

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Microeconomics, Economics

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