Question

173 - 3: 2025 - sep - 10wk - mm: international business ma - mm
time left 0:18:33
a quota on trade imposed by the exporting country, typically at the request of the importing countrys government is referred to as a(n):
a. voluntary export restraint.
b. limited market access.
c. refereed export restraint.
d. involuntary export restraint.
e. trade reconciliation.

Explanation:

A voluntary export restraint is a quota on trade imposed by the exporting - country usually at the request of the importing - country's government. It is a non - tariff barrier to trade. Limited market access is a broader concept not specific to this type of quota. There is no such term as refereed export restraint. Involuntary export restraint is not a standard term in trade, and trade reconciliation is about matching trade transactions, not this type of quota.

Answer:

A. voluntary export restraint