A Country That Implements a Voluntary Export Restriction (VER)

Multiple Choice

A country that implements a voluntary export restriction (VER)

A) employs the "escape clause."
B) sets a countervailing duty.
C) sets a maximum on the quantity of some commodity that it may import each year.
D) agrees to limit the amount of a commodity it sells to another country.
E) sets a tariff to raise the price of an imported commodity.