Question

Kendrik was frustrated that his DVD player wouldn't play a DVD he purchased while on vacation in Great Britain. When he called the manufacturer to complain, he was told that European DVDs are formatted differently and won't play on all machines. This is evidence of how ________ can place a constraint on global markets.

Answer 1

Answer:

Kendrik was frustrated that his DVD player wouldn't play a DVD he purchased while on vacation in Great Britain. When he called the manufacturer to complain, he was told that European DVDs are formatted differently and won't play on all machines. This is evidence of how __location______ can place a constraint on global markets.

Explanation:

Production location can place some constraints on global markets, especially when different standards are applied.  To avoid this problem, there is the need to formulate international standards for the production of goods and services.  Without some internationally-accepted standards, local production may not satisfy the global market.