Which of the following exemplifies local content requirements?
A) Titania charges a 27 percent tariff on imported dairy products.
B) At least 40 percent of the value of all computers assembled in Titania must be from parts or other inputs produced in Titania.
C) Titania bans imports of firearms.
D) Titania imposes extensive inspections and bureaucratic procedures on the import of alcoholic beverages.

Question

Quizplus · Accepted Answer

Local content requirements mandate that a certain percentage of a product's value must originate from the home country. Choice B directly specifies a requirement for a percentage of computer assembly value to come from local (Titania's) parts or inputs, fitting the definition of local content requirements.

Which of the Following Exemplifies Local Content Requirements