An agreement signed willingly between the importing country and the exporting country for a restriction on the volume of exports is called a:

An agreement signed willingly between the importing country and the exporting country for a restriction on the volume of exports is called a:



A. None of these.

B. tariff.

C. voluntary export restraint.

D. special interests' privilege.

E. balance-of-payment.


Answer: C. voluntary export restraint


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