This document discusses three main ethical issues that may arise for American businesses conducting international transactions: 1. Bribery is considered acceptable in some cultures but illegal according to the Foreign Corrupt Practices Act. This can put American managers in an uncomfortable position. 2. There is potential for misinterpretation between different negotiation styles and tactics across cultures, which some "corrupt countries" may take advantage of. 3. The giving and accepting of gifts needs to be handled carefully considering cultural norms around gift giving and whether gifts are personal or for the company. American businesspeople should research cultural customs surrounding gifts before engaging in international transactions.