Final answer:
The Foreign Corrupt Practices Act prohibits companies from bribing foreign officials, which demonstrates the U.S. commitment to fighting corruption in international business.
Step-by-step explanation:
The Foreign Corrupt Practices Act of the United States makes it illegal for companies to pay bribes to foreign officials, candidates, or political parties. This act was a significant step toward limiting corruption in international business transactions and promoting ethical business practices. Contrasting with the Foreign Corrupt Practices Act, the Taft-Hartley Act dealt with union powers and political contributions from unions, but not with bribery of foreign officials. Campaign finance laws such as the Federal Election Campaign Act and the Bipartisan Campaign Reform Act (BCRA) seek to regulate the flow of money in domestic political campaigns but are not geared towards the specific issues of bribing foreign entities.