Question

2. The Uruguay round of the GATT began a process of phasing out the use of voluntary export restraints. President Reagan negotiated with political leaders and car companies in Germany and Japan to limit the quantity of exported to the US. This type of agreement is called a voluntary export restraint, which is like a quota on cars. Why do you think President Reagan wanted to do this? One of the outcomes of this policy was that car producers in Japan and Germany started producing cars in the US - Honda (Ohio), Mercedes (Alabama), and BMW (Greenville) to name a few. Was this a good thing for US car companies? Was this a good thing for US manufacturing? Do you think we would get the same outcome if we put restrictions on electric vehicles produced in China? UC Car Componios the positive would be reduced direct

          2. The Uruguay round of the GATT began a process of phasing out the use of voluntary
export restraints. President Reagan negotiated with political leaders and car
companies in Germany and Japan to limit the quantity of exported to the US. This
type of agreement is called a voluntary export restraint, which is like a quota on
cars. Why do you think President Reagan wanted to do this? One of the outcomes
of this policy was that car producers in Japan and Germany started producing cars
in the US - Honda (Ohio), Mercedes (Alabama), and BMW (Greenville) to name a
few. Was this a good thing for US car companies? Was this a good thing for US
manufacturing? Do you think we would get the same outcome if we put restrictions
on electric vehicles produced in China?
UC Car Componios the positive would be reduced direct

2 the uruguay round of the gatt began a process of phasing out the use of voluntary export restraints president reagan negotiated with political leaders and car companies in germany and japa 20364

Added by Allen H.

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