import quota

import quota
An import restriction imposed on imported goods, to reduce the quantity of certain goods allowed into a country from a particular exporting country, in a stated period. The purpose may be to conserve foreign currency, if there is an unfavourable balance of payments, or to protect the home market against foreign competition (see protective duty). Quotas are usually enforced by means of import licences

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  • 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 …   Wikipedia

  • import quota — also: quota Puts limits on the quantity of certain products that can be legally imported into a particular country during a particular time frame. There is a Fixed quota, which is a maximum quantity not to be exceeded, and tariff rate surcharge,… …   Financial and business terms

  • import quota — / ɪmpɔ:t ˌkwəυtə/ noun a fixed quantity of a particular type of goods which the government allows to be imported ● The government has imposed a quota on the importation of cars. ● The quota on imported cars has been lifted …   Marketing dictionary in english

  • import quota — / ɪmpɔ:t ˌkwəυtə/ noun a fixed quantity of a particular type of goods which the government allows to be imported ● The government has imposed a quota on the importation of cars. ● The quota on imported cars has been lifted …   Dictionary of banking and finance

  • import quota — A quantitative restriction on the importation of an article into the United States. 19 U.S.C.A. No. 22.53(aX3XC). The establishment of a quota is one of the remedies available to the President upon his determination that an imported article… …   Black's law dictionary

  • import quota — A quantitative restriction on the importation of an article into the United States. 19 U.S.C.A. No. 22.53(aX3XC). The establishment of a quota is one of the remedies available to the President upon his determination that an imported article… …   Black's law dictionary

  • import quota — limit placed on the amount of goods that can be brought in from foreign countries …   English contemporary dictionary

  • Mandatory Oil Import Quota Program — The Mandatory Oil Import Quota Program was a program of import restrictions on oil into the United States, beginning in 1959. Created under Presidential Proclamation 3279, the scheme was intended to prevent a dependence of the United States on… …   Wikipedia

  • Quota — may refer to:Affirmative action * Racial quota * Reservations in India * Quotas in PakistanComputing * Disk quota * Download quota * Upload quotaElectoral systems * Election threshold * Droop quota * Hagenbach Bischoff quota * Hare quota *… …   Wikipedia

  • quota — also: import quota Puts limits on the quantity of certain products that can be legally imported into a particular country during a particular time frame. There is a Fixed quota, which is a maximum quantity not to be exceeded, and tariff rate… …   Financial and business terms

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