Local content regulations are primarily intended to ________.
A)address cultural differences between local employees and expatriates
B)encourage MNEs to increase production activities in a country
C)address contract negotiation difficulties
D)assess local tax rates on MNEs

Question

Quizplus · Accepted Answer

Local content regulations are policies aimed at promoting domestic production by requiring foreign companies to use local resources or inputs in their production processes. This is done with the intention of boosting local employment and economic growth.

Local Content Regulations Are Primarily Intended to ________