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    International Financial Management Study Set 9
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    Exam 1: Multinational Financial Management: an Overview
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    In Some Countries, Bribes Are Commonplace
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In Some Countries, Bribes Are Commonplace

Question 15

Question 15

True/False

In some countries, bribes are commonplace. If a MNC decides to adhere to a strict code of ethics and not pay bribes, its subsidiary may be at a competitive disadvantage in the foreign country.

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