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Should the foreign corrupt practices act be repealed

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Reference no: EM132627691

Question 1: You're a partner in a US engineering firm that's interested in bidding on a water-treatment project in China. You know that firms from two other countries - Malaysia and Italy - will submit bids. The U.S. Foreign Corrupt Practices Act forbids you from making any payments to Chinese officials to enlist their help in getting the job. Unfortunately, the governments of Malaysia and Italy don't prohibit local firms from offering bribes. Are you at a disadvantage? Should the Foreign Corrupt Practices Act be repealed? Why, or why not?

Reference no: EM132627691

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