Fandom

The IT Law Wiki

Voluntary export restraint

32,198pages on
this wiki
Add New Page
Talk0 Share

Ad blocker interference detected!


Wikia is a free-to-use site that makes money from advertising. We have a modified experience for viewers using ad blockers

Wikia is not accessible if you’ve made further modifications. Remove the custom ad blocker rule(s) and the page will load as expected.

Overview Edit

A voluntary export restraint (VER) or voluntary export restriction is a government-imposed limit on the quantity of goods that can be exported out of a country during a specified period of time.

Typically VERs arise when the import-competing industries seek protection from a surge of imports from particular exporting countries. VERs are then offered by the exporter to appease the importing country and to deter the other party from imposing even more explicit (and less flexible) trade barriers.


This page uses Creative Commons Licensed content from Wikipedia (view authors). Smallwikipedialogo.png

Also on Fandom

Random Wiki