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The number of possible combinations for the standard automobile license plate in a country can be calculated using the accounting principle, treating each selection of a one digit number or letter as an independent event. The total number of different standard plates possible in this system can be determined by finding the product of the number of ways each event can occur, which is seven in this case. Each event is denoted as selecting a one digit number (D, one), selecting letters (L, one, L, two, L, three), and selecting one digit numbers again (D, two, D, three, D, four). The total number of different standard plates is the product of the number of ways each event can occur.