In the 1980s,"voluntary restrictions" on automobile imports raised the prices of Japanese cars by $1,000,of European cars by $2,000,and of American cars by $500.During the period following these restrictions,both Japanese and European automakers opened parts and assembly plants in the US.Why did this happen? How is it related to regulation?

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The Answer of In the 1980s,"voluntary restrictions" on automobile imports raised the prices of Japanese cars by $1,000,of European cars by $2,000,and of American cars by $500.During the period following these restrictions,both Japanese and European automakers opened parts and assembly plants in the US.Why did this happen? How is it related to regulation?

In the 1980s,"voluntary Restrictions" on Automobile Imports Raised the Prices