A Voluntary Export Restraint Is a Trade Policy by Which

question 50

Multiple Choice

A voluntary export restraint is a trade policy by which a nation agrees to limit its

• A) exports of a good in order to avoid more restrictive trade policies.
• B) imports of a good, but only under the threat of more restrictive trade policies.
• C) exports of a good in order to increase employment.
• D) imports of a good.

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Definitions:

Disability Payments

Government or private insurance disbursements that provide income support to individuals who are unable to work due to a disability.

Workers' Compensation

A form of insurance providing wage replacement and medical benefits to employees injured in the course of employment.

Health and Safety Problems

These refer to workplace issues that can potentially harm the physical or mental health of employees, including injuries, illnesses, and stress.

HR Manager

A professional responsible for overseeing and managing human resources functions within an organization, including recruitment, training, performance management, and employee relations.