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Why would a country voluntarily restrict exports of certain products?

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

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:

http://internationalecon.com/v1.0/ch10/10c070.html.


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