Which of the Following Is an Internal Mechanism That Seeks

question 11

Multiple Choice

Which of the following is an internal mechanism that seeks to ensure ethical corporate governance?

• A)European Union 8^th Directive
• B)The Sarbanes-Oxley Act
• C)The COSO framework
• D)European Union 7^th directive

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Definitions:

Unilateral Approach

A strategy or policy decision made by one state, party, or organization independently from others.

Gains From Trade

The net benefits that entities receive from voluntary trading with each other, often leading to an improvement in overall welfare.

Trade Restrictions

Measures such as tariffs, quotas, and embargoes imposed by governments to control the amount of trade across its borders, affecting how countries import or export goods and services.

Domestic Producers

Manufacturers or suppliers that produce goods or services within a country's borders, contributing to the domestic economy.