A Voluntary Export Restraint (VER) Is Generally Imposed Under the Threat

question 21

True/False

A voluntary export restraint (VER) is generally imposed under the threat of stiffer quotas and tariffs being set by the importing country if a VER is not established.

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Definitions:

Poll Taxes

A tax levied on an individual as a prerequisite for the right to vote, historically used to prevent African American voters from exercising their voting rights.

Social Institutions

Established systems of social order that structure society, such as family, education, religion, and the economy.

Secular Institutions

Organizations or establishments that operate independently of religious influences or doctrines.

Macro Level

A term used in sociology to describe the analysis of large-scale social processes, institutions, and structures.