Which of the following is true of voluntary export restraints?

Question

Which of the following is true of voluntary export restraints? a. it is a government payment to domestic firms. b. it is an example of a tariff barrier. c. it is an extra tax imposed by a country on its exports. d. it is an export quota levied by a country on the quantity of its exports.

Mozelle D&#039;Amore · Accepted Answer

The answer is: D) It is an export quota levied by a country on the quantity of its exports.Explanation:Voluntary export restraints (VER) are agreements between an exporting country E and an importing country I which limits the amount of specific goods that country E can export to country I. The difference between quotas and VERs is that quotas are imposed limits by the importing country while VERs are negotiated limits.

Mozelle D&#039;Amore · Answer

the correct answer would be b, when, queen, calder hall and london. explanation: we always capitalize words when a paragraph or sentence is starting, when an important name is used, when a place is being written, or simply when a noun is used, etc. so in this sentence, sentence is starting from 'when', so it will be written in capital letters. secondly, queen is considered to be an important person, so it will also be written in capital letter. next, the name of the town is mentioned, i-e calder hall, which will also be written in capital letters. in the last,   city name is being used, 'london', which will also be written in capital letters. so option b is the most appropriate one.

Mozelle D&#039;Amore · Answer

answer; /// blank(1); increases; blank(2); decreases;

Carol Funk

Which of the following is true of voluntary export restraints?

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