Which of the Following Is a Defining Characteristic of VERs

question 100

Multiple Choice

Which of the following is a defining characteristic of VERs?

• A) International regulatory bodies set export/import limits.
• B) The importing country can levy heavier import tariffs to override the VERs.
• C) The exporting country sets the limits on the quantity it will export.
• D) It is a mandatory tax imposed by a government on goods entering at its borders.
• E) It is an absolute restriction against the importation of certain goods.