Which of the Following Is a Defining Characteristic of a Voluntary

Multiple Choice

Which of the following is a defining characteristic of a voluntary export restraint (VER) ?

A) International regulatory bodies set export or import limits.
B) The importing country can levy heavier import tariffs to override the VERs.
C) The exporting country sets the limits on the quantity it will export.
D) It is a mandatory tax imposed by a government on goods entering at its borders.
E) It is an absolute restriction against the importation of certain goods.