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 agree to voluntary export restraints to avoid more restrictive trade policies such as tariffs or quotas imposed by the importing country. By agreeing to limit their exports voluntarily, they hope to maintain access to the importing country's market and avoid more damaging trade restrictions.

Exporting Nations Often Agree to Voluntary Export Restraints in an Attempt