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Which of the following is the best example of a voluntary export restraint?

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Which of the following is the best example of a voluntary export restraint?

Which of the following is the best example of a voluntary export restraint?
A) a limit imposed by the U.S. government on the number of cell phones that the United States can import from Korea
B) a subsidy granted by the U.S. government to domestic cell phone manufacturers so they can compete more effectively with foreign cell phone manufacturers
C) a limit set by the Korean government on the number of cell phones that the United States can import fro Korea
D) a $50 per-cell phone-fee imposed on all cell phones vehicles imported into the United States

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Essentials of Economics

Essentials of Economics

Edition: 4^th

Authors: Hubbard, O'Brien

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