Local content requirements are sometimes used by national governments to restrict or impede the entrance of international firms.

Question

Quizplus · Accepted Answer

Local content requirements are sometimes used by national governments to restrict or impede the entrance of international firms. Other governmental barriers include: tariffs, import quotas, import license awards, and foreign exchange restrictions.This is found in the "Government Barriers" section (1-5b).

Local Content Requirements Are Sometimes Used by National Governments to Restrict