Local content regulations have been widely used by developing countries to shift their manufacturing base from the simple _____ of goods whose parts are manufactured elsewhere into the local _____ of component parts.

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A local content requirement is a requirement that some specific fraction of a good be produced domestically.Local content regulations have been widely used by developing countries to shift their manufacturing base from the simple assembly of products whose parts are manufactured elsewhere into the local manufacture of component parts.

Local Content Regulations Have Been Widely Used by Developing Countries