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Which of the Following Statements Is True of Universal Standards

Question 69

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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