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Local Content Requirements Refer to a Situation Where

Question 60

Multiple Choice

Local content requirements refer to a situation where:


A) governments limit the convertibility of one currency (usually its own) into others, usually in an effort to limit imports.
B) governments provide financing to local companies to promote exports.
C) companies sell a product below market price often in order to win market share and weaken a competitor.
D) countries designate certain geographic areas as free trade zones.
E) countries require that a certain percentage of a product or an item be manufactured or "assembled" locally.

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