SuperMeds Corporation develops a new drug that controls severe acne. The drug is not approved by the government for sale in the United States because one of its ingredients is a banned chemical. This chemical is not banned in Mexico. Whether it is ethical for SuperMeds to sell the drug in Mexico depends on

It's Ethical...

Explanation:

Mexico is a separate state as well as has it's own laws that holds the use of chemicals to be use or not as well. The use of chemical that is banned by United States can be openly used in Mexico (aside it will yield very less profit). The SuperMed must give quality assurances to the Mexican government as well as other possible side effects and then may be the approval process gets finished. The FDA approval isn't concerned in this particular case.

The ethical standards that applied in Mexico.

Explanation:

Ethical standards can be described as a set of principles put in place by the government of a country, the owner of a business organisation, or leaders of any community or community to communicate the moral values of their respective organisation or a group.

When a decision is being made by a government, organisation, or any group, the ethical standards provides the framework that should be used in making the final decision.  

Since the chemical which one of ingredients used by SuperMeds is not banned in Mexico, the decision to approve the sale of the drug will therefore be determined by the relevant ethical standards that applied in Mexico.