[Solved] A Voluntary Export Restraint Is a Trade Policy by Which

Question 8
Multiple Choice

A voluntary export restraint is a trade policy by which a nation agrees to limit its:

A) exports of a good in order to avoid more restrictive trade policies.
B) imports of a good.
C) imports of a good, but only under the threat of more restrictive trade policies.
D) exports of a good in order to increase employment.

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