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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 am using your study notes and I know of at least 5 other friends of mine who used it and passed the exam last Dec. Keep up your great work!
Barnes
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.