If a nation agrees to set an upper limit on the total amount of a product that it exports to another nation, then this situation would be an example of:

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A voluntary export restriction (VER) is a self-imposed limit on the quantity of goods that can be exported to a particular country for a specified period of time. This is typically done to avoid the imposition of an import quota or other trade barriers by the importing country. Therefore, if a nation agrees to set an upper limit on the total amount of a product that it exports to another nation, this would be an example of a voluntary export restriction.

If a Nation Agrees to Set an Upper Limit on the Total