Indian government regulation requires foreign retailers in India to buy 30 percent of the merchandise they sell from local small businesses. This obstacle in global marketing is an example of setting nontariff trade barriers in host countries.
Thus, option A is correct.
<h3>What is marketing? </h3>
The purpose of constructing, presenting, distributing, and trading goods that are useful to customers, consumers, partnerships, and the general public collectively is known as marketing.
This trade restriction in foreign markets is an illustration of nontariff trade obstacles being erected in host nations.
A nontariff barrier is just a commercial constraint that such a country uses to achieve its sociopolitical and financial objectives, including a restriction, blockade, or punishment.
Therefore, option A is the correct option.
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The question is incomplete, the complete question will be:
Indian government regulation requires foreign retailers in India to buy 30 percent of the merchandise they sell from local small businesses. This obstacle in global marketing is an example of setting __________ by host countries.
A.
nontariff trade barriers
B.
domestic competition
C.
duties
D.
tariffs
E.
exchange controls