Two Trade Policy Terms to Remember: VER and ERP
Voluntary Export Restraint (VER) With Robert Lighthizer going to USTR, it’s useful to remember that he was “implementer” of many VER’s, or “Voluntary Export Restraints” on steel imports, during his last stint at USTR during the Reagan Administration. I’m about to teach a course in international trade policy (see last year’s course), and in just … Continue reading Two Trade Policy Terms to Remember: VER and ERP
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