Several instances of U.S. agreements with its trading partners to limit their exports to the United States have come under the category of "voluntary export restraint agreements." What are these and why do nations engage in them? Give at least one example.

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The Answer of Several instances of U.S. agreements with its trading partners to limit their exports to the United States have come under the category of "voluntary export restraint agreements." What are these and why do nations engage in them? Give at least one example.

Several Instances of U