Question: 5. Prescription drug prices in the United States are often substantially higher than in Canada, the United Kingdom, and India. Today, pharmacies in these countries

5. Prescription drug prices in the United States are often substantially higher than in Canada, the United Kingdom, and India. Today, pharmacies in these countries fill millions of lowcost prescriptions through the mail to U.S.

citizens. Given that the pharmaceutical industry cannot prevent the resale of these drugs, are the industry’s efforts to price-discriminate useless? Explain your answer.

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