In the context of NTBs,administrative policies require a certain proportion of the value of the goods made in one country to originate from that country.

Question

Quizplus · Accepted Answer

Administrative policies related to NTBs (Non-Tariff Barriers) typically involve regulations and procedures that can affect trade, but the requirement for a certain proportion of the value of goods to originate from a specific country is more accurately described as a "local content requirement," not an administrative policy.

In the Context of NTBs,administrative Policies Require a Certain Proportion