Which of the following statements is true of local content requirements?
A) It is a strategy mainly used by developed nations.
B) This strategy enforces companies to locate their manufacturing facilities in their home countries.
C) Local content requirements hurt domestic producers through their effect on prices.
D) It forces companies from other countries to employ local resources in their production processes.
D
Business
You might also like to view...
When determining the value of property, an appraiser would take into account the value of which of the following?
a. The bundle of rights b. Usefulness of the property c. Improvements to the land d. All of the above
Business
The establishment of a common size for electric light sockets is an example of:
A) diversification. B) product focus. C) simplification. D) standardization. E) none of the above
Business