In the 1980s, Japanese automobile manufacturers, fearing a U.S.-government-imposed restriction, agreed to a voluntary quota on the number of their cars exported to the United States. This quota affected the U.S. automobile market by

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By limiting the supply of Japanese cars in the U.S. market, the voluntary quota caused an increase in prices for Japanese cars, as demand remained high while supply was restricted. This, in turn, made domestically produced cars relatively more affordable, decreasing demand for imported cars and increasing demand for domestic cars.

In the 1980s, Japanese Automobile Manufacturers, Fearing a U