An Agreement Signed Willingly Between the Importing Country and the Exporting

question 43

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) monetary barrier.
• B) tariff restraint.
• C) voluntary export restraint.
• D) special interests' privilege.
• E) balance-of-payments statement.

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Definitions:

Average Amount

The result obtained by adding several quantities together and then dividing this total by the number of quantities.

Start Date

The specified day when an event begins or a contract comes into effect.

Aggregate Function

A type of function used in database queries and spreadsheet software that performs a calculation on a set of values, returning a single value.

Select Values

The process of choosing or highlighting specific data from a set of options or a dataset.