One thorny issue that can cause difficulties for companies seeking to utilise FTAs is ___________.These are a crucial aspect of FTAs, because they determine what products are covered.

Question

Quizplus · Accepted Answer

Rules of origin are the crucial aspect of FTAs, as they determine the criteria for determining the origin of a product and whether it qualifies for preferential treatment under the agreement. This can be a complex issue, as it involves determining where the product was made, what components were used, and what processing or manufacturing took place. Incorrect answers:
A) Rules of imports are not as crucial as rules of origin in utilising FTAs. 
C) Rules of destination are not relevant to utilising FTAs.
D) Rules of law are not an issue in utilising FTAs, as the agreements themselves provide the legal framework for trade.

One Thorny Issue That Can Cause Difficulties for Companies Seeking