Since the Passage of the Foreign Corrupt Practices Act (FCPA),investigations

question 5

Multiple Choice

Since the passage of the Foreign Corrupt Practices Act (FCPA) ,investigations reveal that:

• A) U.S. exports to "bribe prone" countries decreased significantly.
• B) the act was unsuccessful in removing bribes as a key competitive tool from the Middle East.
• C) the act allowed the courts to fine but not imprison guilty parties.
• D) individual executives started getting increasingly targeted apart from corporations.

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Definitions:

Output

The amount of goods or services produced by a company, industry, or economy in a given period.

Isoquant

A curve representing all the combinations of inputs that result in the production of a certain level of output, used in the study of production theory.

Capital

The wealth, whether in money or other assets, owned or employed in business by an individual, firm, or country.

Labor

The human effort, both physical and mental, used in the production process to create goods and services.