Almonds United Inc., a company that produces almonds, is based in California, United States. Almonds United ensures that most of its produce is sold in the local market and not more than 20 percent is sold in the Indian markets each year. This is in accordance with the U.S. government's voluntary limit on trade with India. Almonds United is following the _____ exercised by the U.S. government.

Question

Quizplus · Accepted Answer

Export restraint agreements are designed to convince other governments to limit voluntarily the volume or value of goods exported to or imported from a particular country.