import quota
limit placed on the amount of goods that can be brought in from foreign countries | ||||
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Import Quota definition was found in categories: Business & Finance(1) Sports(1) Encyclopedia(1)
Import Quota Definition from Business & Finance Dictionaries & Glossaries
| MONASH Marketing Dictionary |
Import Quota
a government-imposed limit on the number, quantity or value of a product to be imported, usually to protect local industry.
a government-imposed limit on the number, quantity or value of a product to be imported, usually to protect local industry.
Import Quota Definition from Sports Dictionaries & Glossaries
| maritime&shipping&trade |
Import Quota
A protective ruling establishing limits on the quantity of a particular product that can be imported.
A protective ruling establishing limits on the quantity of a particular product that can be imported.
Import Quota Definition from Encyclopedia Dictionaries & Glossaries
| Wikipedia English - The Free Encyclopedia |
Import quota
An import quota is a type of protectionist trade restriction that sets a physical limit on the quantity of a good that can be imported into a country in a given period of time. For example, a country might limit sugar imports to 50 tons per year. Quotas, like other trade restrictions, are used to benefit the producers of a good in a domestic economy at the expense of all consumers of the good in that economy.
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