Import quota

An import quota is a type of 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.[1] An import embargo or import ban is essentially a zero-level import quota.[2][3] Quotas, like other trade restrictions, are typically used to benefit the producers of a good in that economy (protectionism).

  1. ^ O'Sullivan, Arthur; Sheffrin, Steven M. (2003). Economics: Principles in Action. Pearson Prentice Hall. pp. 449. ISBN 0-13-063085-3.
  2. ^ Grant, Warren R.; Williams, Gary W. (November 1, 1990). Trade Distorting Policies in the World Rice Market: Some Factors for Consideration in Trade Negotiations (Report). College Station, Texas: Texas Agricultural Market Research Center. p. 3.
  3. ^ AFP/ras (2008-12-18). "Chlor-Hühnchen kommen nicht auf den Tisch" (in German). Die Welt.

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