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Dumping

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Dumping

Dumping is the act performed when products are exported from a market where they don’t meet specific standards in personal safety, product safety, food safety etc into another market where the country or market controls allow lower standards than the country of origin. Dumping is not limited to this as the World Trade Organisation (WTO) sees dumping as a practice, including, where goods are sold into a market at a lower price than would be charged on the home market (World Trade Organsation, 2015). It can even be argued that this exists in the job skills market where your own qualifications don’t allow you to practice your profession in one country but you’re welcome to in another. So is this a moral or non moral issue so should we do it because we can do it? Is it legal? Should we as a society speak out against it? There have been many high profile cases of Dumping in recent times such as Winstrol, a synthetic male hormone that had been found to stunt growth of American children being exported to Brazil as an appetite stimulant (Shaw, Issa, & Catley, 2013).

Dumping raises some serious moral issues but it can be argued as being an acceptable practice. Ethical relativism would judge this as being perfectly acceptable because one country should not decide what standards another country should have and what is right for one is considered differently by others (Shaw et al., 2013). This is where business ethics play on that part that some believe business has its own morality and is divorced the ideals of right and wrong (Shaw et al., 2013). Dumpers dump products to make money this is the goal of any business and in the capitalist world this is what drives business. It’s not about the greater good it’s about making money and staying in business (Shaw et al., 2013). Some will think this morally wrong but when it is broken down into a logical argument its

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