The United States and other countries require some products (automobiles in particular) to contain a percentage of "local content" to gain admission to their markets. This is an example of the stringent usage of ________ to restrict trade.
A) exchange permits
B) embargoes
C) blocked currencies
D) standards
E) antidumping penalties

Question

Quizplus · Accepted Answer

This is an example of using "standards" as a trade restriction. By requiring a certain percentage of local content, countries set a standard that must be met for products to enter their market, which can restrict international trade by making it harder for foreign products to qualify.

The United States and Other Countries Require Some Products (Automobiles