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Voluntary export agreements are restrictions which are self-imposed. It is done by the exporting country. It restricts the quantity of goods to be exported.

The voluntary export restriction agreement is not a restrictive barrier. Some governments will go for the VER agreements, this is actually because it is better for them to face their own terms than to face the restrictions put y quotas and tariffs.

Voluntary export agreements are restrictions which are self-imposed. It is done by the exporting country.

It restricts the quantity of goods to be exported.
 
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