When the management team reviewed its government contract on office furnishings, they noticed that in order to bid on the project, at least 44 percent of the value of the office furniture had to be produced in the United States. This stipulation is an example of a (n)
Multiple Choice
antidumping policy.
voluntary export restraint.
administrative trade policy.
local content requirement.
ad valorem tariff.
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Home » Business » When the management team reviewed its government contract on office furnishings, they noticed that in order to bid on the project, at least 44 percent of the value of the office furniture had to be produced in the United States.