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Which Statement Is True of Universal Standards in the Sale

Question 76

Multiple Choice

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


A) The idea of universal standards is being 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 imperial system as a universal standard.
D) All governments mandate universal standards.
E) The lack of universal standards limits the expansion of industries.

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