Which of the Following Is Permitted by the Foreign Corrupt

question 95

Multiple Choice

Which of the following is permitted by the Foreign Corrupt Practices Act?

• A) a bribe paid by foreign firms operating in U.S. territories
• B) a bribe paid by U.S. firms operating in a foreign country that permits bribes to be paid
• C) a payment to a foreign government official to influence a customs official
• D) a payment to a customs official to clear legitimate merchandise

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Definitions:

Import Quota

A government-imposed limit on the quantity of a specific type of good that can be imported into the country during a specified time period.

Domestic Industries

Industries that produce goods and services within a particular country, focusing on the local market.

Foreign Supply

The availability of goods or services from international markets offered for sale in a domestic market.

Tariffs

Tariffs are taxes imposed by a government on imported goods, often used to protect domestic industries from foreign competition.