In Order to Avoid the Imposition of Other Types of Trade

question 186

Multiple Choice

In order to avoid the imposition of other types of trade barriers, foreign producers will sometimes agree to voluntary export restraints.With voluntary export restraints, foreign producers

• A)agree to meet specific quality standards required by the importing country.
• B)limit their exports to a country.
• C)pay a tax on all products they export.
• D)must agree to import an equal quantity of products that they export.

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Definitions:

Agreeableness

A personality trait in the Big Five model characterized by qualities of kindness, cooperation, and warmth.

Conscientiousness

A personality trait characterized by being organized, dependable, and disciplined.

Bipolar Disorder

A mental health condition that causes extreme mood swings that include emotional highs (mania or hypomania) and lows (depression).

Manic Episodes

Periods of elevated and expansive mood.