The Japanese government was pressurized by the U.S. government to place limits on the number of vehicles exported to the United States by Japanese automobile producers in 1981. This is an example of:

The Japanese government was pressurized by the U.S. government to place limits on the number of vehicles exported to the United States by Japanese automobile producers in 1981. This is an example of: 










A. tariff rate quota.

B. specific tariffs.

C. voluntary export restraint.

D. ad valorem tariff.












Answer: C


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