Exporting Countries Sometimes Agree to Voluntary Export Restraints (VER) as an Alternative

question 89

Multiple Choice

Exporting countries sometimes agree to voluntary export restraints (VER) as an alternative to the threat of:

• A) expulsion.
• B) disorderly marketing agreements.
• C) stiffer quotas and tariffs.
• D) export subsidies.
• E) standardization disparities.

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Definitions:

General

A term used broadly to describe something that applies to all or most cases or situations without being specific.

Specific

Clearly defined or identified; distinct from others.

Intervention

An action taken to improve a situation, especially a medical procedure or a social or psychological support measure.

Creating Hypotheses

The process of forming testable statements or predictions based on theoretical insights or observations.