The Voluntary Export Restraints on Autos by Japan in the Early

question 62

Multiple Choice

The voluntary export restraints on autos by Japan in the early 1980s were:

• A) prohibited by the WTO.
• B) unlike an import quota and did not affect the price of cars imported.
• C) unlike a tariff and did not affect the price of imports.
• D) a bad deal for the U.S. consumers.

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Definitions:

Peripheral Nervous Systems

The portion of the nervous system that consists of nerves and ganglia outside of the brain and spinal cord, facilitating communication to the central nervous system.

Sedative/Tranquilizer

These are drugs or agents that induce a calming effect, reducing excitement, irritability, or anxiety, and often used to facilitate sleep.

Brain Receptors

proteins on the surface of neurons in the brain that receive and respond to chemical signals.

Anxiety

A mental health disorder characterized by feelings of worry, anxiety, or fear that are strong enough to interfere with one's daily activities.