- voluntary Export Restraint
- (VER) In relation to Japanese manufacturers exporting to Canada (no longer in effect).
Dictionary of automotive terms. 2015.
voluntary Export Restraint
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voluntary export restraint — UK US noun [C] (ABBREVIATION VER, also voluntary export restriction, voluntary restraint agreement) COMMERCE ► an agreement between two countries that limits the number of goods of a particular type that one of the countries can sell to the other … Financial and business terms
Voluntary Export Restraint - VER — A trade restriction on the quantity of a good that an exporting country is allowed to export to another country. This limit is self imposed by the exporting country. Typically, VERs are a result of requests made by the importing country to… … Investment dictionary
voluntary export restriction — UK US noun [C] COMMERCE ► VOLUNTARY EXPORT RESTRAINT(Cf. ↑voluntary export restraint) … Financial and business terms
Voluntary Export Restraints — A voluntary export restraint (VER) is a restriction set by a government on the quantity of goods that can be exported out of a country during a specified period of time. Often the word voluntary is placed in quotes because these restraints are… … Wikipedia
Export Restraint — See Voluntary Export Restraint … Dictionary of automotive terms
voluntary restraint agreement — ➔ agreement * * * voluntary restraint agreement UK US noun [C] (ABBREVIATION VRA) COMMERCE ► VOLUNTARY EXPORT RESTRAINT(Cf. ↑voluntary … Financial and business terms
restraint of trade — ► COMMERCE an illegal agreement that damages someone s ability to do business: »Any contract which interferes with the free exercise of his trade or business is a contract in restraint of trade. → See also PRICE RESTRAINT(Cf. ↑price restraint),… … Financial and business terms
restraint — A device used to halt the movement of something. See head restraint child restraint system passive restraint system rear head restraints supplementary inflatable restraint voluntary Export Restraint … Dictionary of automotive terms
restraint — noun 1 limit/control on sth ADJECTIVE ▪ voluntary ▪ agreements on voluntary export restraints ▪ conventional ▪ What happens when the conventional restraints on human cruelty are removed? ▪ … Collocations dictionary
Non-tariff barriers to trade — (NTBs) are trade barriers that restrict imports but are not in the usual form of a tariff. Some common examples of NTB s are anti dumping measures and countervailing duties, which, although they are called non tariff barriers, have the effect of… … Wikipedia
