Which of the following is an example of limiting exports by "voluntary" quotas?

Question

Quizplus · Accepted Answer

The Multi-Fiber Arrangement was a voluntary agreement among textile-producing countries to limit their exports to other countries in order to protect their domestic textile industries. This is an example of a "voluntary" quota, as the agreement was not imposed by any outside authority but rather agreed upon by the participating countries themselves.

Which of the Following Is an Example of Limiting Exports