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Major Trade Regulations of the U.S.A.

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Assess and explain a major trade regulation or policy of the United States. What purpose(s) does the regulation or policy serve? Give a specific example of how the regulation or trade policy might impact developing nations. Please provide references to support your efforts.

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The solution explains a major trade regulation of the United States and describes the purpose that the regulation or policy has. An example as to how the regulation or trade policy impacts developing nations is provided. References are included in the answer.

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A major trade regulation or policy of the United States is The Foreign Corrupt Practices Act of 1977. This is a the United States federal that requires accounting transparency under the Securities and Exchange Act of 1934 and bans bribing of foreign officials.

The purpose of The Foreign Corrupt Practices Act is to require issuers of share to maintain books of accounts and records and have a system of internal controls sufficient to provide reasonable assurances that ...

Solution provided by:
Hatim Baxamusa, MBA
Education
  • BSc , University of Calcutta
  • MBA, Eastern Institute for Integrated Learning in Management
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