A voluntary export restraint (VER) refers to a quota that a nation imposes on its exports, usually at the request of another nation.

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A voluntary export restraint (VER) is a trade restriction on the quantity of a good that an exporting country is allowed to export to another country. It is imposed voluntarily by the exporting country in response to a request from the importing country. VERs are generally used to avoid the imposition of more stringent trade restrictions, such as tariffs or quotas, and may be negotiated as part of a broader trade agreement.

A Voluntary Export Restraint (VER) Refers to a Quota That