Friday, August 16, 2013

EOC 6 Illicit trade



EOC ILLICIT TRADE

Legal
Moral
Ethical
Financial
I think that the legal issue is it is illegal to make fraudulent things and use a trademark name.  Morally it is wrong because in doing so many people are hurt by getting human slaves to peddle the goods as well as make the product.  Ethically it is wrong because by doing this illicit trade it is bringing much more corruption with drugs and human trafficking.  Financially it is damning because the true originator or the trademark name is not getting the proper buyers especially since you can by knock offs at a fraction of the cost.  The underground or the black market is flourishing which brings in corruption of for example drug trades and other profitable illegal business. An ethical person would not promote in illegal activity because of the domino effect it has on the right way of living life.  The legal way of life is by the book and the black market does not profit off that type of business.  Morally buying illegal knock offs is supporting drug activity and human slaves which is horrible and corrupt.  Financially if the black market ends up being the owner of our economy essentially we will have anarchy and will eventually be a third world country or even back to slavery days where only the drug lords will have ultimate control.

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