Under the VER of the 1980s, Japan's automakers received:
a. additional quota rents of about $2.2 billion.
b. approximately 10% lower prices.
c. censure by the WTO for failing to behave in a competitive manner.
d. wage concessions from their U.S. employees to keep plants open in the United States.
Answer: a. additional quota rents of about $2.2 billion.
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