Final answer:
The statement's accuracy depends on the specific circumstances of local firms, making it potentially true or false.
The correct option is not given.
Step-by-step explanation:
The statement is not specific enough to provide a definitive answer.
The dependence of local firms on equipment, parts, and raw materials originating abroad can vary depending on the industry, location, and specific circumstances.
In some cases, local firms may indeed rely on imports for their production needs, while in other cases, they may source most of their inputs locally. Therefore, the answer could be both true and false depending on the specific context.
The correct option is not given.