The intent of the Foreign Corrupt Practices Act is to
A) reduce corruption and thereby make the costs of doing business transparent.
B) function as a barrier to trade by giving U.S. businesses an advantage of transparency.
C) penalize developing economies, where functionaries often compensate for their poor salaries by levying small personal taxes.
D) export cultural arrogance by asserting that the U.S. practice of business is more transparent than in other countries.
Correct Answer:
Verified
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