What Are Voluntary Export Restraints (VERs)

question 42

Multiple Choice

What are voluntary export restraints (VERs) ?

• A)Limits on the number of an item that can be imported
• B)Regulations adopted when one country threatens restrictions on trade and an exporting country agrees to limit exports to avoid the imposition of more stringent limits
• C)Restrictions that items to be sold as a domestic product must have a certain percentage of its final product components assembled domestically
• D)Quotas that are agreed upon and sanctioned by the WTO

---

Definitions:

Nonconformity

An unconformity in which the older rocks below the unconformity are not layered.

Geologic Relations

The study and understanding of how different geological features and processes are related or connected to each other.

Oldest Unit

This term refers to the earliest or most ancient geological formation or stratum in a given sequence.

Canyon Feature

A deep gorge, usually with a river flowing through it, formed by long-term erosion from water activity.