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The Difference Between Voluntary Export Restraints and Quotas Is That

Question 115

Multiple Choice

The difference between voluntary export restraints and quotas is that:


A) unlike quotas, voluntary export restraints limit the amount of a product that can be imported annually.
B) unlike quotas, voluntary export restraints are imposed by the importing company.
C) unlike quotas, voluntary export restraints limit the amount of a product that can be exported annually.
D) unlike quotas, voluntary export restraints are imposed by the exporting company.

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