THE VOLUNTARY EXPORT RESTRAINT (VER) AGREEMENT WITH JAPAN ON AUTOMOBILES IN THE 1980S

Detroit went through a turbulent period during the I 970s and suffered tremendous financial losses in 1980. The governments of the United States and Japan worked out a VER agreement in 1981 to help Detroit get back on its feet. This article investigates the U.S. motor vehicle industry’s problem in t...

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Main Authors: Carl Tong, Allen Bures
Format: Article
Language:English
Published: Economic & Business History Society 2003-06-01
Series:Essays in Economic and Business History
Online Access:https://www.ebhsoc.org/journal/index.php/ebhs/article/view/127
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spelling doaj-5e6927f8267f4ec7933b7673374bea8e2020-11-25T02:23:00ZengEconomic & Business History SocietyEssays in Economic and Business History0896-226X2003-06-012115159127THE VOLUNTARY EXPORT RESTRAINT (VER) AGREEMENT WITH JAPAN ON AUTOMOBILES IN THE 1980SCarl TongAllen BuresDetroit went through a turbulent period during the I 970s and suffered tremendous financial losses in 1980. The governments of the United States and Japan worked out a VER agreement in 1981 to help Detroit get back on its feet. This article investigates the U.S. motor vehicle industry’s problem in the early 1980s, examines supporting and opposing views on the VER agreement, reports how the VER agreement played out, and offers comments and suggestions.https://www.ebhsoc.org/journal/index.php/ebhs/article/view/127
collection DOAJ
language English
format Article
sources DOAJ
author Carl Tong
Allen Bures
spellingShingle Carl Tong
Allen Bures
THE VOLUNTARY EXPORT RESTRAINT (VER) AGREEMENT WITH JAPAN ON AUTOMOBILES IN THE 1980S
Essays in Economic and Business History
author_facet Carl Tong
Allen Bures
author_sort Carl Tong
title THE VOLUNTARY EXPORT RESTRAINT (VER) AGREEMENT WITH JAPAN ON AUTOMOBILES IN THE 1980S
title_short THE VOLUNTARY EXPORT RESTRAINT (VER) AGREEMENT WITH JAPAN ON AUTOMOBILES IN THE 1980S
title_full THE VOLUNTARY EXPORT RESTRAINT (VER) AGREEMENT WITH JAPAN ON AUTOMOBILES IN THE 1980S
title_fullStr THE VOLUNTARY EXPORT RESTRAINT (VER) AGREEMENT WITH JAPAN ON AUTOMOBILES IN THE 1980S
title_full_unstemmed THE VOLUNTARY EXPORT RESTRAINT (VER) AGREEMENT WITH JAPAN ON AUTOMOBILES IN THE 1980S
title_sort voluntary export restraint (ver) agreement with japan on automobiles in the 1980s
publisher Economic & Business History Society
series Essays in Economic and Business History
issn 0896-226X
publishDate 2003-06-01
description Detroit went through a turbulent period during the I 970s and suffered tremendous financial losses in 1980. The governments of the United States and Japan worked out a VER agreement in 1981 to help Detroit get back on its feet. This article investigates the U.S. motor vehicle industry’s problem in the early 1980s, examines supporting and opposing views on the VER agreement, reports how the VER agreement played out, and offers comments and suggestions.
url https://www.ebhsoc.org/journal/index.php/ebhs/article/view/127
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