?
Match the items of List-II with List-I to identify the correct option which are related to legal forces affecting international marketers.
| List-I |
List-II |
| a. Tariff |
1. A regulation specifying the proportion of a finished product's components and labour that must be provided by importing country. |
| b. Import Quota |
2. Tax imposed on product entering a country and used to protect domestic producers and/or raise revenue. |
| c. Local- content Law |
3. A requirement that a product contain or exclude certain ingredients or that it be tested and certified as meeting certain restrictive standards. |
| d. Local operating Law |
4. Limiting amount of a particular product that can be brought into a country, to protect domestic industry or broadening access to its markets. |
| e. Standards and Certification |
5. A refusal to buy products from a particular company or country. |
| f. Boycott |
6. A constraint on how, when or where retailing can be conducted. |
Answer & Solution
Correct Answer:
Option
C
Join the Discussion
Login to post a comment or share your explanation.
Login