Respuesta :
The correct answer is Option B.
In order to win a contract from Mexico, QVB Autos Manufacturing must make 65% of the component parts for their automobiles in Mexico. This is an example of local content requirement.
What is Local Content Requirement?
- Government rules known as "local content standards" force businesses to function in economies that rely on domestically produced goods and services.
- The usage of these indicators has significantly increased in recent years as governments attempt to accomplish a number of policy goals that focus on employment, industrial, and technological development goals.
- LCRs still play a considerable role in policy today despite the long-standing and overwhelmingly unfavorable evidence of their effects on economic development and trade.
More than 340 localization initiatives, including over 145 new local content mandates, have been implemented by governments since the financial crisis a decade ago, primarily in an effort to boost domestic employment and industrial performance.
Therefore, the situation given in the question is an example of local content requirement.
Know more about local content requirement with the help of the given link:
https://brainly.com/question/4524961
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