Which of the Following Is True of a Voluntary Export

question 34

Multiple Choice

Which of the following is true of a voluntary export restraint (VER) ?

• A)A voluntary export restraint ensures that foreign exporting firms are unable to exercise monopoly power.
• B)A voluntary export restraint usually requires that the foreign exporting firms act like a cartel, restricting sales and raising prices.
• C)A voluntary export restraint generates more revenue for the government than a tariff or quota.
• D)Voluntary export restraints have only been used by the poor and developing nations to protect their domestic industries.

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Definitions:

Communication Styles

Refer to the methods and approaches individuals use to convey their messages to others, including verbal and non-verbal techniques.

Inappropriately Direct

A form of communication or behavior that is overly blunt or straightforward, potentially leading to discomfort or misunderstanding.

Self-enhancing

Refers to the process of improving one's own image, qualities, or capabilities, often through positive thinking and actions.

Overshare

The act of disclosing too much personal information or details, often in inappropriate or unwelcome contexts.