Between 1981 and 1994, Japan agreed to comply to limit its exports of automobiles to the United States to avoid stiff tariffs from the United States, which was attempting to protect local automobile producers. This is an example of

Question

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Japan agreed to a voluntary export restriction to avoid the US imposing tariffs, which is an agreement between two countries to limit exports voluntarily. This is not a subsidy, internal tariff, or quota.

Between 1981 and 1994, Japan Agreed to Comply to Limit