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Which of the Following Statements Is True of Local Content

Question 17

Multiple Choice

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.

Correct Answer:

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