
The difference between voluntary export restraints and quotas is that:
A) unlike quotas, voluntary export restraints limit the amount of a product that can be imported annually.
B) unlike quotas, voluntary export restraints are imposed by the importing company.
C) unlike quotas, voluntary export restraints limit the amount of a product that can be exported annually.
D) unlike quotas, voluntary export restraints are imposed by the exporting company.
Correct Answer:
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