0
Want this question answered?
Be notified when an answer is posted
Add your answer:
Earn +20 ptsQ: How does import quota restrict trade?
Write your answer...
Submit
Still have questions?
Related questions
What is a import quota?
An import quota is a limit on the amount of goods that can ENTER a country.
What is the difference between a tariff and an important quota?
A tariff is a tax on trade; a quota is a restriction on trade within a certain time or date.
What is a physical restriction on the number of goods that may be imported during a specific time period Export quota global quota selective quota or import quoata?
import quoata
How would you describe an import quota?
An import quota sets a physical limit on the amount of goods that may be imported during a given period. An export quota does the same for a nation's exports.
What is the policy that deals with a country's economic relations with foreign countries and comprises trade policy and exchange rate policy?
Tariff And Import Quota
What type of trade restriction that limits the amount of a particular good that may be imported into a country during a given period of time?
import quota
The US government has announced a 5 million pound annual limit on beef imported from Argentina this type of trade restriction is called?
import quota
What is the purpose of import quota?
To reduce competition from foreign producers
The government limits the import of sugar from other countries?
QUOTA
Which trade strategy have developing countries used to restrict imports of manufactured goods so that the domestic market is preserved for home producers?
import substitution
What kind of trade barrier is a limit on trade?
quota
What is the antonym of quota?
a trade embargo
Copyright ©2024 Infospace Holdings LLC, A System1 Company. All Rights Reserved. The material on this site can not be reproduced, distributed, transmitted, cached or otherwise used, except with prior written permission of Answers.