In Some Countries, It May Be Legal to Bribe Businesses

question 178

Short Answer

In some countries, it may be legal to bribe businesses and government officials, but this practice is illegal in Canada. This barrier to international trade is known as
imposing tariffs.
quotas.
local content laws.
business practice laws.
cartelling.

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Definitions:

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Globalization

The process of interaction and integration among people, companies, and governments worldwide, driven by international trade and investment and aided by information technology.

Health Reform Plan

A strategic approach implemented to improve and enhance the organization, delivery, and financing of healthcare services.

Clinton

Refers to Bill Clinton, the 42nd President of the United States, who served from 1993 to 2001 and is known for his policies on economy, healthcare, and international diplomacy.