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Acronyms that contain the term voluntary export restraint
What does voluntary export restraint mean? This page is about the various possible meanings of the acronym, abbreviation, shorthand or slang term: voluntary export restraint.
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| Term | Definition | Rating |
|---|---|---|
| VER | Voluntary Export Restraint |
What does voluntary export restraint mean?
- Voluntary export restraint
- A voluntary export restraint (VER) or voluntary export restriction is a government-imposed limit on the quantity of some category of goods that can be exported to a specified country during a specified period of time. They are sometimes referred to as 'Export Visas'.Typically VERs arise when industries seek protection from competing imports from particular countries. VERs are then offered by the exporting country to appease the importing country and deter it from imposing explicit (and less flexible) trade barriers.
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"voluntary export restraint." Abbreviations.com. STANDS4 LLC, 2024. Web. 14 May 2024. <https://www.abbreviations.com/voluntary%20export%20restraint>.
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