Which of the following is a disadvantage of local requirement laws to foreign companies?
A) They do not foster local business activity and increase regional and national unemployment.
B) They make it necessary for the government to resort to expropriation and confiscation.
C) The companies are forced to bring in raw material and workers from their own countries.
D) Companies required to hire local personnel might be forced to take on inadequately trained workers.

Question

Quizplus · Accepted Answer

Local requirement laws often require foreign companies to hire local personnel, which can be a disadvantage if the available workforce is inadequately trained or lacking in necessary skills. This can ultimately harm the company's efficiency and profitability.

Which of the Following Is a Disadvantage of Local Requirement