_____ are rules stipulating that a certain proportion of the value of the goods made in one country must originate from that country.
A) Voluntary export restraints
B) Local content requirements
C) Import quotas
D) Trade embargoes

Question

_____ are rules stipulating that a certain proportion of the value of the goods made in one country must originate from that country.
A) Voluntary export restraints 
B) Local content requirements 
C) Import quotas 
D) Trade embargoes

Quizplus · Accepted Answer

Local content requirements are rules that dictate that a certain proportion of the value of the goods produced in one country must originate from that country. This is done to promote domestic production and safeguard local industries.

_____ Are Rules Stipulating That a Certain Proportion of the Value