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starbright industries which manufactures radiators has recently begun doing business in japan. its executives make a deal to export a shipment of a new type of radiator to japan once the product exits the production stage. the shipment will be worth one billion yen or approximately $9.4 million us dollars.

how does this situation show the difficulty that may be posed by implementing an international set of standards?


Sagot :

The situation shows why it is difficult to implement an international set of standards because different countries might have different standards they adhere to.

Why is it hard to implement an international set of standards?

Countries have differing sets of standards based on the prevailing situations in their nations. When they produce goods and services, they will go by those standards. Those standards can sometimes also give them an advantage over other nations which is probably why Starbright Industries is able to sell radiators in Japan.

If an international set of standards is proposed, some nations might kick against it because they want to maintain their competitive edge. Other nations might not be able to afford to meet the new standards and so will protest as well.

Find out more on setting international standards at https://brainly.com/question/7181318

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