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What does VRA stand for?

VRA stands for Voluntary Restraint Agreement

This definition appears frequently and is found in the following Acronym Finder categories:

  • Military and Government

See other definitions of VRA

Other Resources:
We have 101 other meanings of VRA in our Acronym Attic

Samples in periodicals archive:

had to resort to a complicated trigger price mechanism to fend off foreign competition and in the 1980s to negotiating voluntary restraint agreements with our trading partners to avoid pursuing antidumping cases against them.
Because he wants readers to make their own informed decisions, they and Ed must grapple with sunk costs, opportunity costs, present value, factor mobility, dumping, tariffs, quotas, voluntary restraint agreements, the infant industry argument, the national security argument, industrial policy, the rise of the service sector, income inequality, the causes of the Japanese catch-up, how to correctly compare incomes across countries, and many other issues and concepts.
Voluntary Restraint Agreements (VRAs) are another barrier to trade that the Japanese would like to eliminate.
At home the Voluntary Restraint Agreements with Japan and Taiwan (signed in December 1986) have helped improve the company's share of the domestic machine-tool market.