Westonci.ca is your trusted source for finding answers to a wide range of questions, backed by a knowledgeable community. Join our platform to get reliable answers to your questions from a knowledgeable community of experts. Join our Q&A platform to connect with experts dedicated to providing accurate answers to your questions in various fields.

U.S. businesses consider the Foreign Corrupt Practices Act as legislation that has helped increase their profits abroad.

Sagot :

It is True that the Foreign Corrupt Practices Act is legislation that has helped increase the profits of American businesses abroad.

What is the Foreign Corrupt Practices Act?

The Foreign Corrupt Practices Act (FCPA) is an Act or a US law that makes it illegal for a United States company or person to give or take bribes from any foreign official for the purpose of getting or keeping a business.

While it is true that profits have increased as US-based businesses focus on more ethical ways of getting a business, illicit profits (that is profits from illegally acquired business deals) have dropped drastically.

See the link below for more about Foreign Corrupt Practices Act:

https://brainly.com/question/8211495