Advantage and disadvantage of international licensing?

Answer 1

Advantages of Licensing for Consumers or Otherso Licenses protect consumers from fraudulent people or situations. A licensed real estate agent enables you to buy or sell property without personally knowing anything about either. A licensed accountant can be called to help you should you be audited by the Internal Revenue Service. If you used an unlicensed accountant, you're on your own. Licenses, such as beer and alcohol sales licenses, protect the consumer purchasing those products because distributors must purchase products from approved sources so the consumer is getting safe beverages. Teaching licenses ensure students are being taught by trained teachers. Medical licenses protect consumers from doctors who aren't qualified to practice medicine. Licenses, such as driver's licenses, protect members of society from other people who could be dangerously unaware of traffic laws. Disadvantages of Licensingo The disadvantages of licensing typically relate to the person obtaining the license. Fees for obtaining and subsequently renewing licenses are sometimes high. Paperwork is often confusing. Tests to become licensed are often time-consuming, expensive and usually don't offer a refund of money if the person fails to pass the test or requirements. There may be stipulations attached to different licenses that must be followed exactly and according to a preset time schedule regardless of the life events experienced by a person. Failing to obtain a license or renewal can have costly monetary fines or job restrictions placed on the person allowing their license to lapse.