3263EconomicsMedium
A attempts to limit outsourcing of jobs to foreigners by requiring that a minimum percentage of a product’s value must be produced domestically if that good is to be sold in the domestic market?
Avoluntary restraint agreement
Bdomestic content requirement
Ctariff-rate quota
Ddomestic subsidy
Correct answer
B. domestic content requirement
Explanation
The correct answer is domestic content requirement.