International federal or agreements and local laws in market

Consider goods for that various people are willing and capable to pay much more than the costs of production therefore widespread shortages exist. International federal or agreements, state and local laws as well as regulations are probably key factors while we consider the markets for: (1) nuclear weapons and adoptable children. (2) tobacco products and alcohol. (3) the minimal levels of food, shelter and clothing which people require to survive. (4) new drugs which decrease the effects of AIDS and HIV. (5) health insurance and health care.

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