In Order to Avoid the Imposition of Other Types of Trade

question 187

Multiple Choice

In order to avoid the imposition of other types of trade barriers,foreign producers will sometimes agree to limit their exports to a country.What are these types of agreements called?

• A)involuntary export restraints
• B)voluntary export restraints
• C)implicit quotas
• D)sanctions

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Definitions:

Short-Term Memory

The capacity for holding a small amount of information in an active, readily available state for a short period of time.

Working Memory

The part of short-term memory that is concerned with immediate conscious perceptual and linguistic processing.

Long-Term Memory

The ability to store information for extended periods, often throughout an individual's life, distinguished from short-term or working memory.

Procedural Memory

A type of long-term memory involved in the acquisition of motor skills and habits, responsible for knowing "how" to do things.