Harmonization of 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 or keeping of a trading partner's standards as valid and sufficient by another trading partner.
D) separate standards held by different trading partners which other partners refuse to recognize.
Correct Answer:
Verified
Q8: Greater specialization within a country
A)increases risks to
Q9: Mutual recognition of standards refers to
A)the elimination
Q10: Which of the following is FALSE?
A)Most of
Q11: Monopoly powers given to domestic utility companies
Q12: Domestic policies can have unintended effects on
Q14: Which of the following is true?
A)Generally, the
Q15: Separate standards refers to
A)the elimination of tariffs
Q16: Why does a country's increased specialization due
Q17: What are two main obstacles to increased
Q18: Many conflicts over standards result from the
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