Differences in government-mandated product standards can rule out mass

QUESTION

Differences in government-mandated product standards can rule out mass production and marketing of a standardized product.

Indicate whether the statement is true or false.

ANSWER

TRUE
Differing government-mandated product standards can rule out mass production and marketing of a standardized product. Differences in technical standards also constrain the globalization of markets. Some of these differences result from idiosyncratic decisions made long ago, rather than from government actions, but their long-term effects are profound.