Why would a country voluntarily restrict exports of certain products?
According to EconomicsInteractive.com, 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: