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::Import quota

::concepts

Quota::domestic    Import::price    Quotas::foreign    Goods::imports    Tariff::quantity    Imported::trade

An import quota is a limit on the quantity of a good that can be produced abroad and sold domestically.<ref>{{#invoke:citation/CS1|citation |CitationClass=book }}</ref> It 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. If a quota is put on a good, less of it is imported. <ref>{{#invoke:citation/CS1|citation |CitationClass=book }}</ref> 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.


Import quota sections
Intro  Goals  Effects  See also   References   

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