Which of the following statements is true about voluntary export restraints (vers)?

that of this after statements holds true about voluntary export
VERs adversely affect domestic manufacturers by increasing import
restraints (VERs)? Matter 13 choices:

Whenever imports are restricted to a minimal portion of this market by a
A)

Whenever imports are restricted to a minimal portion of this market by a
VERs benefit customers by restricting import competition.

uncertainty on the planet economy.

VERs adversely affect domestic manufacturers by increasing import
D)

competition.

VERs benefit customers by restricting import competition.

C)
VERs adversely affect domestic manufacturers by increasing import
A)

Whenever imports are restricted to a minimal portion of this market by a
International manufacturers consent to VERs since they worry financial
VER, the cost is bid up for that restricted international supply.

C)

competition.

uncertainty on the planet economy.

B)

VERs benefit customers by restricting import competition.

increasing import competition.

competition.

Leave a Comment