voluntary export restraint

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Voluntary Export Restraint

A situation in which one country agrees to restrict the export of one or more goods to another country. The voluntary export restraint allows a country to protect its internal market for the designated goods without erecting tariff or other trade barriers. A voluntary export restraint may be informal or it may be codified in a voluntary restraint agreement. It may or may not be reciprocal.

voluntary export restraint

see EXPORT RESTRAINT AGREEMENT.
References in periodicals archive ?
Microhardness of the nanocomposites was carried out to investigate the effect of the inclusion of the clay into VER matrix.
The char yield at 800 [degrees] C is represented to the clay content into the VER matrix, which is in accordance with the theoretical content.
The presence of vinyl group in the organoclay disturbs the delamination of the clay layer due to bonding with VER matrix.
In the case of OBD, the artifact was the set of observational notes taken by the supervisor; in VER, the artifact was the self-videotaped lesson segment by the NT.
However, Connie spent a full 28 minutes of the entire 50-minute debriefing sharing her thoughts prior to the notes being introduced, comprising over half of the total VER debriefing time.
As such, the difference between OBD and VER reflective commentary offered by the NTs was even wider than was initially apparent (as depicted in Figure 1) and, in Connie's case, by a substantial degree.
Quality and Quantity of Reflection in OBD and VER Debriefings
Then, under a VER, equations (14), (16), (19) and (20) constitute a system of four equations in four unknowns (i.
Recently, Hillman and Ursprung [9, 729-45] using a model of political competition between candidates contesting elective office show that no candidate has an interest in formulating trade policy position using a tariff if a VER is a policy option.
This loss equals the VER rents that accrue to foreigners.
See footnote 6 as to why an increase in VER rents has a negative effect on domestic welfare.
Aurora s clients will instantly benefit from the expanded capabilities offered by VER and a much more extensive inventory of equipment.