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Author Question: What is a voluntary export restraint (VER)? What will be an ideal ... (Read 90 times)

crobinson2013

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on: Jun 29, 2018
What is a voluntary export restraint (VER)?
 
  What will be an ideal response?

Question 2

From 1970 to 2007 the quantity of M1 fell from 20 percent of GDP to less than 10 percent. This change is because the ownership of credit cards ________ during this time period since ________.
 
  A) expanded from 18 percent to 76 percent; credit cards became more widely available and utilized
  B) expanded from 18 percent to 76 percent; there were several recessions during that period
  C) fell from 76 percent to 18 percent; credit cards became less widely available and utilized
  D) remained unchanged; credit cards do not affect the quantity of money
  E) fell from 76 percent to 18 percent; there were several recessions during that period


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kingfahad97

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Reply #1 on: Jun 29, 2018
Answer to Question 1

A voluntary export restraint (VER) is a scheme under which an exporting country voluntarily limits its exports.

Answer to Question 2

A


crobinson2013

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Reply 2 on: Jun 29, 2018
:D TYSM

bitingbit

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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