import restrictions

import restrictions
Restrictions imposed on goods and services imported into a country, which usually need to be paid for in the currency of the exporting country. This can cause a serious problem to the importing country's balance of payments, hence the need for restrictions, which include tariffs, import quotas, currency restrictions, and prohibition. Prohibition will also apply to preventing the importation of illegal goods (e. g. drugs, arms). The restrictions may also be imposed to protect the home industry against foreign competition (see protective duty) or during the course of political bargaining.

Big dictionary of business and management. 2014.

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  • import restrictions — UK US noun [plural] ECONOMICS, COMMERCE ► IMPORT CONTROLS(Cf. ↑import controls) …   Financial and business terms

  • import restrictions — / ɪmpɔ:t rɪˌstrɪkʃ(ə)nz/ plural noun actions taken by a government to reduce the level of imports (by imposing quotas, duties, etc.) …   Dictionary of banking and finance

  • import controls — UK US noun [plural] (also import restrictions) ECONOMICS, COMMERCE ► methods used to control the quantity of goods coming into a country to be sold: »The government has gradually lifted import controls on consumer goods over the past decade …   Financial and business terms

  • import licence — A permit allowing an importer to bring a stated quantity of certain goods into a country. Import licences are needed when import restrictions include import quotas, currency restrictions, and prohibition. They also function as a means of exchange …   Big dictionary of business and management

  • Restrictions on the import of cryptography — Historically, a number of countries have attempted to restrict the import of cryptography tools. This article aims to keep a record of current restrictions on the import of cryptographic into countries. This should not be confused with… …   Wikipedia

  • import — ♦♦ imports, importing, imported (The verb is pronounced [[t]ɪmpɔ͟ː(r)t[/t]]. The noun is pronounced [[t]ɪ̱mpɔː(r)t[/t]].) 1) VERB To import products or raw materials means to buy them from another country for use in your own country. [V n]… …   English dictionary

  • import — {{Roman}}I.{{/Roman}} noun ADJECTIVE ▪ main, major ▪ foreign, overseas ▪ Australian, Japanese, etc. ▪ …   Collocations dictionary

  • 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 — 01. The company where Hiroshi works [imports] beer from the U.S. and Germany, and exports Japanese beer all over the world. 02. [Importers] of foreign goods have complained a great deal about the new tax on clothing from across the border. 03.… …   Grammatical examples in English

  • Parallel import — A parallel import is a non counterfeit product imported from another country without the permission of the intellectual property owner. Parallel imports are often referred to as grey product, and are implicated in issues of international trade,… …   Wikipedia

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