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What Is a Voluntary Export Restraint? Why Do Exporting Countries

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Essay

What is a voluntary export restraint? Why do exporting countries agree to VERs? Explain with an example.


Definitions:

Motivator Factors

In the job content are sources of job satisfaction.

Job Enrichment

Enhancing a job by adding more meaningful tasks and duties to make it more rewarding and satisfying.

Acquired Needs Theory

a psychological theory that suggests human needs are developed over time based on life experiences.

Motivator-hygiene Theory

A theory stating that certain factors in the workplace cause job satisfaction (motivators), while a separate set of factors cause dissatisfaction (hygiene factors).

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