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Basic Question 13 of 17
An agreement between two governments in which the government of the exporting country agrees to restrain the volume of its own exports is a ______.
B. quota
C. voluntary export restraint (VER)
A. nontariff barrier
B. quota
C. voluntary export restraint (VER)
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I used your notes and passed ... highly recommended!
Lauren
Learning Outcome Statements
compare types of trade restrictions, such as tariffs, quotas, and export subsidies, and their economic implications
CFA® 2024 Level I Curriculum, Volume 1, Module 6.