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The Watergate Scandal

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International bribery is a highly important activity that occurs between corporations and governments. As a result of globalization the world has become far more interconnected and as a result of that interconnectedness it has become easier for corporations to engage in activities such as bribery or corruption. The video dicussed how corporations engage in bribery so that they can obtain jobs in the regions that they engage in business. As a result of globalization businesses have a greater capability of engaging in business around the world. Furthermore other than increasing their ability to engage in business, globalization also infleunces how the world views business. One of the core tenents to running a business is for a business to make money and to increase in size. As a result of that engaging in activities that increase a businesses capability to make money and increase its size is of great importance. Furthermore, as a result of that focus on increasing the sizes of businesses, globalization has furthered the spread of business. Globalization influences the world economically, …show more content…

The video discussed how the United States began confronting corruption in the government as a result of bribery by making it illegal for United States corporations to engage in bribery. One of the major motives for such laws to forbid bribery was the Watergate Scandal, where President Nixon was reelected as a result of corporations using their corporate funds to fund his campaign. Additionally when the Saudi Arabian ambassador was found to be involved in bribery and involved in dubious economic activities. Finding that the Saudi Arabian ambassador was involved questionable activites where he had a large amount of money transfered to accounts that he had in the United States, the United States was forced to confront bribery with in its

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