firstly there are lack of standardization,i.e,countries compute their national income differently.
secondly different needs,tastes and consumption patterns of different countries
thirdly Exchange rate,i.e, different currencies to compute national income
the international system of units is based on units of 10 and has 3 main standards, the meter, liter, and gram.
The concept of "standard" can refer to various contexts, such as measurement standards or industry standards. In measurement, the metric system was formalized by French scientists in the late 18th century, while the International Organization for Standardization (ISO), established in 1947, creates and promotes international standards across various industries. In general, standards are often developed collaboratively by experts and organizations to ensure consistency and quality in products and services.
wikipedia lists some of them under "Notation in probability and statistics". However, various academic disciplines have their own publication standards also. For example, if you were publishing in the field of psychology then you might be obliged to use the APA abbreviations.
The equivalent standard IEC refers to the International Electrotechnical Commission (IEC) standards that set international benchmarks for electrical and electronic technologies. These standards cover a wide range of areas, including safety, performance, and compatibility of electrical devices and systems. The IEC standards ensure that products are safe, reliable, and interoperable across different countries and markets. They are often used as a reference for national standards, promoting global trade and consumer protection.
IS 513 outlines standards for cold-rolled carbon steel sheets and strips in India. The comparative standards for IS 513 include international standards such as ASTM A1008 for cold-rolled steel and EN 10130 for non-alloy cold-rolled steel. These standards ensure the quality, mechanical properties, and dimensions of the steel products meet specific requirements for various applications.
The standards agencies responsible for the OSI standards architecture are the International Organization for Standardization (ISO) and the International Telecommunications Union-Telecommunications Standards Sector
International Committee for Information Technology Standards was created in 1961.
Indian accounting standards are developed by Indian board and only applicable in India while international accounting standards are developed by International Accounting standard board and applicable to all countries.
International Accounting Standards Committee (IASC) by umair sajedin
As of October 2023, there are over 23,000 international standards published by the International Organization for Standardization (ISO). These standards cover a wide range of industries and sectors, including technology, safety, quality, and environmental management. Additionally, other organizations, such as the International Electrotechnical Commission (IEC) and the International Telecommunication Union (ITU), also contribute to the total number of international standards. The exact number can vary as new standards are developed and existing ones are revised or withdrawn.
Some national statistics can be reliable is they have been adjusted. The World Health Organization adjusts their statistics so that their statistics are reliable.
E. P. Hall has written: 'Effluent limitation guidelines and standards'
The letters stand for International Finance Reporting Standards. These standards are designed so that international business has common boundaries globally.
The Department of Commerce website is useful if one is looking for information on economic data and statistics, business resources, minority business opportunities, international trade, weather, census information, population statistics, time standards, and careers available in the US Department of Commerce.
ISO stands for International Standards Organization. It's functions include standards management at international level for quality assurance. These are applied for a broad range of industries, businesses and organizations. ISO issues the certification to companies fulfilling the international standards compliance.
Pumps and pumping equipment were manufactured to international standards, allowing American manufacturers to compete in the international market.
what are advantages and disadvantages of harmonisation of accounting standards