As a Way to Prevent the Shifting of Corrupt Practices

question 30

Multiple Choice

As a way to prevent the shifting of corrupt practices to suppliers and intermediaries, the _____ standard was developed.

• A)OAS
• B)FCPA
• C)TRACE
• D)OECD

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Definitions:

Efficiency Savings

Denotes reductions in costs achieved through the optimization of resources and processes, leading to increased operational efficiency.

Fishing Costs

The expenses incurred in the process of catching fish, including equipment, fuel, and labor.

Individual Transferable Quota

An Individual Transferable Quota is a quota, assigned to individuals or companies, that grants the right to catch a certain amount of fish or harvest other renewable resources, which can be traded or leased.

Tradable Fishing Limit

A regulatory method, similar to ITQs, allowing holders to buy, sell, or lease fishing quotas, aiming at sustainable fishery management by limiting the total catch.