Exporting nations often agree to voluntary export restraints in an attempt to

Name: Exporting nations often agree to voluntary export restraints in an attempt to
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Exporting nations may agree to voluntary export restraints to avoid more-restrictive trade policies, such as quotas or tariffs that may be imposed by the importing nation. By agreeing to voluntarily limit their exports, they can avoid more restrictive measures that would negatively affect their export industries.

Exporting Nations Often Agree to Voluntary Export Restraints in an Attempt