Which policy restricts outsourcing by mandating that a certain portion of a product's value be manufactured within the country to qualify for sale in the domestic market?

Show Answers

government subsidy for local industriesmutual export limitation agreementlocal content mandatequota with variable tariff ratesimport licensing requirement

Explanation

A domestic content requirement enforces that a specified percentage of a product's value must be produced domestically to be sold in the local market. This policy aims to reduce outsourcing and support local manufacturing. Other options such as domestic subsidies, voluntary restraint agreements, and tariff-rate quotas serve different trade regulation purposes.