Separate Standards Refers to

question 69

Multiple Choice

Separate standards refers to

• A)the elimination of tariffs and quotas by trading partners.
• B)common product safety, environment, labor, and fair competition standards agreed upon by trading partners.
• C)the acceptance of a trading partner's standards as valid and sufficient by another trading partner.
• D)standards held by different trading partners which other partners refuse to recognize.

---

Definitions:

Suppliers

Individuals or companies that provide goods or services to another entity, typically part of the supply chain in manufacturing processes.

Regulators

Government or independent authorities responsible for supervising and enforcing laws within certain industries.

Lenders

Entities that provide funds to others with the expectation of repayment plus interest.

Shareholders

Individuals or entities that own one or more shares of stock in a public or private corporation, thus having a claim to a part of the company's assets and earnings.