Business & Finance
Importing and Exporting
Business Globalization

Why would a country voluntarily restrict exports of certain products?

User Avatar
Wiki User
2006-09-27 18:48:50

According to, voluntary export

restrictions emerge when one government threatens foreign

governments or industries with import barriers unless they restrict

exports. These restrictions are only voluntary in the sense that

you voluntarily give up your money when a robber has a gun pointed

at your head. This is also referred to as Voluntary Export

Restraints or VERs. Visit this Web site to learn more:

Copyright © 2020 Multiply Media, LLC. All Rights Reserved. The material on this site can not be reproduced, distributed, transmitted, cached or otherwise used, except with prior written permission of Multiply.