Solved

A Country That Implements a Voluntary Export Restriction (VER)

Question 93

Multiple Choice

A country that implements a voluntary export restriction (VER)


A) sets a countervailing duty.
B) sets a tariff to raise the price of an imported commodity.
C) agrees to limit the amount of a commodity it sells to another country.
D) employs the "escape clause."
E) sets a maximum on the quantity of some commodity that it may import each year.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents