voluntary export restraint

Directory

References

Discover

Super Typhoon Noru over the western tropical Pacific Ocean as observed by the Moderate Resolution Imaging Spectroradiometer (MODIS) on NASA Aqua satellite July 31 2017

What Is the Difference Between a Typhoon and a Super Typhoon?

Thanksgiving Celebration Traditional Dinner Setting Food Concept

Why Is Thanksgiving in the U.S. Celebrated on a Thursday?

Rural Irish landscape, Sligo, Ireland.

Why Is Ireland Two Countries?

An ancient egyptian hieroglyphic painted carving showing the falcon headed god Horus seated on a throne and holding a golden fly whisk. Before him are the Pharoah Seti and the goddess Isis. Interior wall of the temple to Osiris at Abydos, Egypt.

11 Egyptian Gods and Goddesses

Leonardo da Vinci (1452-1519), Italian Renaissance painter from Florence. Engraving by Cosomo Colombini (d. 1812) after a Leonardo self portrait. Ca. 1500.

10 Famous Artworks by Leonardo da Vinci

A human Inuit skull in a stone chambered cairn in Ilulissat in Greenland. These ancient graves are pre christian and are at least 2000

14 Tough Questions Answered

Thanksgiving Turkey with all the sides

Why Do We Eat Turkey on Thanksgiving?

voluntary export restraint

economics

Also known as: VER

Learn about this topic in these articles:

nontariff barrier

In international trade: Nontariff barriers
Another barrier is the voluntary export restraint (VER), noted for having a less-damaging effect on the political relations between countries. It is also relatively easy to remove. This approach was applied in the early 1980s when Japanese automakers, under pressure from U.S. competitors, “voluntarily” limited their exports of automobiles…
Read More