Fundamentals of Management, 8th ed

export restraint

agreements

Accords reached by

governments in which

countries voluntarily

limit the volume or

value of goods they

export to or import

from one another

54

Part 1: An Introduction to Management

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United States, even though the price of foreign uniforms would be only half as much.

Mexico requires that 50 percent of the parts of cars sold in Mexico be manufactured

inside its own borders.