Local content laws cannot exist within a single country.

Name: Local content laws cannot exist within a single country.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Local content laws can exist within a single country. These laws require a certain percentage of goods or services to be produced locally or by local businesses, in order to stimulate the domestic economy and support local industries. Many countries have such laws in place, particularly in sectors such as energy, telecommunications, and media.

Local Content Laws Cannot Exist Within a Single Country