I am well aware of what does and how the FCPA works, I have been doing business internationally for many years.
Ethical behavior is not merely a moralistic American norm, it is a goal to be aspired to. I don’t personally ever feel constrained by the FCPA in my business dealings because I have no need to engage in unethical behavior to gain or keep business.
What do you feel Americans in general have to gain by the elimination of the FCPA?
If the goal is to bring jobs back to the US, how is the elimination of the FCPA going to further that agenda?
Americans in general are not very much affected. Companies trying to export goods made by American workers would benefit. The incidence of such an event is not possible to evaluate but is nevertheless present. what benefit do Americans obtain.... none.
There is another equal goal...... exporting American stuff. That is not related to the handcuffs of FCPA except negatively.
Taken as a whole, American jobs are not going to return. Rather, new jobs are going to be created. We will not make paint brushes any more. We may make furniture again when the regulations are eliminated. We will probably not have a very large textile industry again. We will not sew clothing again on a grand scale.
Finally, I was actively involved in export trade for 30 years and still keep a hand in, barely. So far as I can remember, it was never necessary to bribe an official.