Voluntary Export Restraint (VER),
Voluntary Export Restraint (VER) Definition:
Voluntary export restrictions (VER) are trade restrictions on the quantity of goods that one exporting country can export to another. This limit is imposed by the exporting country itself.
- Voluntary export restrictions (VER) are self-imposed limits on the number of countries an exporter can export to.
- VERs are considered non-tariff barriers to trade, which are limited barriers to trade, such as quotas and restrictions.
- It is associated with an increase in voluntary imports with the aim of allowing more imports and may include lower tariffs or the elimination of quotas.
Literal Meanings of Voluntary Export Restraint (VER)
Voluntary:
Meanings of Voluntary:
A single ■■■■■ paid before, during or after any service.
Created, given or ■■■■■■■■ voluntarily.
Sentences of Voluntary
Lara whistled, thought to be low, but was picked up by a microphone and echoed by volunteer members through the church.
We provide financial support through voluntary partnerships
Synonyms of Voluntary
non-mandatory, at one's discretion, up to the individual, open, volitional, not required, open to choice, optional, non-compulsory, discretionary, elective
Export:
Meanings of Export:
To sell freight (goods or services) to another country.
Goods, goods or services that are sold abroad.
Sentences of Export
We export $ 16 million worth of prints to Japan
Wool and mohair are the main export products
Synonyms of Export
transport, sell overseas, market abroad, market overseas, send abroad, send overseas, sell abroad, trade internationally
Restraint:
Meanings of Restraint:
A measure or condition that controls or limits someone or something.
Behavioral, emotional, neutral or moderate self-control.
Sentences of Restraint
Decisions are made within the financial limits of the budget.
Appeal to protesters to show restraint
Synonyms of Restraint
moderation, non-indulgence, temperateness, self-discipline, judiciousness, control, abstemiousness, self-control, prudence, self-restraint