An Agreement Signed Willingly Between the Importing Country and the Exporting

question 27

Multiple Choice

An agreement signed willingly between the importing country and the exporting country for a restriction on the volume of exports is called a:

• A) None of these.
• B) tariff.
• C) voluntary export restraint.
• D) special interests' privilege.
• E) balance-of-payment.

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Definitions:

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A legal process initiated by creditors seeking to have a debtor declared bankrupt by a court, typically when the debtor is unable to pay outstanding debts.

Chapter 7

A section of the U.S. bankruptcy code that involves the liquidation of a debtor's assets to pay off creditors.

Consumer Debt

Financial obligations incurred by individuals primarily for personal, family, or household purposes.

Credit Score

A credit score is a numerical expression based on a level analysis of a person's credit files, to represent the creditworthiness of an individual.