Donald Trump was elected the 45 th president of the U.S. in a stunning victory that defied the expectations of polls. He becomes the first modern president without military or government experience, besting Hillary Clinton on the strength of rural, white voters who say they are concerned about their jobs disappearing overseas and sick of the political status quo. Global markets dropped, U.S. stock futures fell and the dollar began to slide as Trump’s victory solidified on election night and in the early hours on Wednesday. But markets later recovered, as Trump delivered a victory speech that urged reconciliation after a nasty campaign. Wharton legal studies and business ethics professor Eric Orts and University of Pennsylvania Law School dean Theodore Ruger appeared on the Knowledge at Wharton show, part of Wharton Business Radio on SiriusXM channel 111 , to discuss potential fallout from the election. Here are five keys points from their conversation.…