Question

What is a situation in which China requires Airbus or Boeing to use a certain percentage of parts produced in China an example of?

a not selected option a Administrative delay
b not selected option b Local content requirement c not selected option
c Quota d not selected option
d Voluntary export restraint

Answer 1

The correct answer is the b) Local content requirement.

Step-by-step explanation:

The local content requirement is the agreement that dictates that companies must buy all or part of the products used in manufacturing from domestic suppliers.

This causes foreign suppliers to be disadvantaged; this law has been banned in some places by discriminating against foreign importers. But despite this, it is still used primarily in developed countries, as it aims to promote local products and grow industries.

I hope this information can help you.