An example of a voluntary export restriction is a:

Question

Quizplus · Accepted Answer

A voluntary export restriction is an agreement between two countries where one country agrees to limit its exports voluntarily to another country. In this case, Japan is deciding to limit the number of Japanese-built Hondas shipped to the United States. Option A is incorrect because it involves the U.S. imposing the limit, which is not voluntary. Option B is incorrect because it involves a regulation, which is not a voluntary agreement. Option D is incorrect because it involves a tax, which is not a voluntary agreement between the two countries.

An Example of a Voluntary Export Restriction Is A