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voluntary restraint agreement UK US noun [C] (ABBREVIATION VRA) COMMERCE► VOLUNTARY EXPORT RESTRAINT(Cf. ↑voluntary export restraint)
Financial and business terms. 2012.
voluntary restraint agreement
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voluntary Restraint Agreement — In relation to Japanese manufacturers exporting to the United States (no longer in effect) … Dictionary of automotive terms
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VRA — UK US noun [C] COMMERCE ► ABBREVIATION for voluntary restraint agreement: 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
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