voluntary export restraints
type: Concept
definition: A voluntary export restraint (VER) is a limit placed on exports by the exporting country, usually imposed because of political pressure from one or more importing trading partners. VERs are typically industry-specific, with prominent examples having been implemented by Japan in the automobile industry and by several Asian countries in the textile industry. [Source: Encyclopedia of Business in Today's World; Voluntary Export Restraints]
broader: international trade

international trade
type: Concept
narrower: voluntary export restraints

concepts
type: Collection
type: ConceptGroup
member: voluntary export restraints