If Apple won an order to sell 500 new minicomputers to Australia,but the Australian government stipulated that 20 percent of the component parts of the minicomputers it purchased must be produced in Australia,that stipulation would be an example of a(n):

Question

Quizplus · Accepted Answer

A local content requirement is a requirement that some specific fraction of a good be produced domestically.The requirement can be expressed either in physical terms (e.g. ,75 percent of component parts for this product must be produced locally)or in value terms.

If Apple Won an Order to Sell 500 New Minicomputers