Differences in technical standards constrain the globalization of markets.

Name: Differences in technical standards constrain the globalization of markets.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Technical standards vary across countries, and different standards can hinder the movement and trade of goods and services between countries. This can make it more difficult for businesses to operate globally and can limit competition in certain markets. Therefore, differences in technical standards can constrain the globalization of markets.

Differences in Technical Standards Constrain the Globalization of Markets