Voluntary Export Restraints

question 155

Multiple Choice

Voluntary export restraints

• A) have the same effect as an import ban.
• B) are illegal under the international trading rules.
• C) violate the spirit of international trade agreements.
• D) all of the above.

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Definitions:

Profitability Index

A financial tool that calculates the relationship between the costs and benefits of a project by dividing the present value of future cash flows by the initial investment.

Limited Funds

A condition where resources, especially money, are finite or restricted in availability.

Net Present Value

A valuation method that calculates the value of future cash flows in today's dollars by discounting them at a particular rate.