Question

The law, as amended by the International Anti-Dumping and Fair Competition Act, that makes it a crime for U.S. corporations to bribe an official of a foreign government or political party to obtain or retain business in a foreign country, is referred to as the:__________.

Answer 1

Foreign Corrupt Practices Act (1977).

Step-by-step explanation:

The Foreign Corrupt Practices Act (1977) is an act that was enacted by the 95th United States congress in the year 1977. Corporations( whether in the United States or foreign) that has their registration of securities are the ones that are subjected to the Foreign Corrupt Practices Act of 1977.

According to the Foreign Corrupt Practices Act these corporations I mentioned in the paragraph above are saddled with the responsibilities of keeping updated records of their entries, NOT TO TAKE BRIBE and good internal control of their accounts.