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.