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20) The _____ obliges member states to make the bribery of foreign public officials a
criminal offense and excludes facilitating payments made to expedite routine government action
from the convention.
A) Convention on Combating Bribery of Foreign Public Officials
B) Foreign Corrupt Practices Act
C) Convention on International Business Transactions
D) Universal Declaration of Human Rights
21) Identify the incorrect statement about environmental regulations.
A) Environmental regulations are often lacking in developing nations.
B) Environmental regulations are similar across developed and developing nations.
C) Developed nations have substantial regulations governing the emission of pollutants,
the dumping of toxic chemicals, and so on.
D) Inferior environmental regulations in host nations, as compared to the home nation,
can lead to ethical issues.
22) The _____ occurs when a resource that is shared by all, but owned by no one, is overused
by individuals, resulting in its degradation.
A) Friedman effect
B) noblesse oblige
C) inequity aversion
D) tragedy of the commons
23) An international U.S.-based company sets up a production unit in a developing country
with poor environmental regulations. This contributes to the