Which of the Following Statements Is True of Universal Standards

question 4

Multiple Choice

Which of the following statements is true of universal standards in the sale of international products?

• A) The idea of universal standards has been resisted in developing countries.
• B) Firms that adhere to universal standards find the costs to be greater than the benefits.
• C) The international market for industrial goods uses the metric system as a universal standard.
• D) Most governments mandate universal standards.
• E) The lack of universal standards limits the expansion of an industry.

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