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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?
Wiki User
∙ 11y ago
import quota
Wiki User
∙ 11y ago
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A limit on the amount of a particular good that may be imported into a country during a given period of time?
Import quota
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.
Differentiate between import quotas and tariffs?
Generally speaking, an import quota will cause the price of the imported product to rise in anticipation that the number of say BMW's will be limited. Consumers and auto dealers know this so the price of the BMW will be increased to the level of price the market demands. A tariff on BMW imports brings revenue to the Government and at the same time causes the consumer to pay more to offset the BMW's cost to bring their product to market.
What are the different between embargo and quotas?
Quotas set a physical limit on the amount of goods that can be imported at a time, yet embargoes prevent goods from being imported or exported
What is the definition of GDP and GNP?
A country's Gross Domestic Product, or GDP, is the amount of goods and services, measured at market prices, produced within the country during a particular time period (usually a year). Gross National Product, or GNP, is the amount of goods and services produced by residents of a country, regardless of where that production takes place.A country's Gross Domestic Product, or GDP, is the amount of goods and services, measured at market prices, produced within the country during a particular time period (usually a year). Gross National Product, or GNP, is the amount of goods and services produced by residents of a country, regardless of where that production takes place.Remember, GDP concern is BORDER, whereas GNP concern is PRODUCER.
What restricts the amount of a product that can be imported?
what is a restriction on the amount of a good that can be imported
What do you call a restriction that is put on the amount of goods that can be imported?
Quota
A limit on the amount of a particular good that may be imported into a country during a given period of time?
Import quota
How does sugar get to this country?
It is imported by Huge ships across the seas from a range of different places, we also grow some sugar in England and transport it around; but no where near the amount that is imported from different country's
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.
The amount of territory controlled by a particular country?
sphere of influence
What is the dollar amount of all US fireworks imported?
$217 Million
Differentiate between import quotas and tariffs?
Generally speaking, an import quota will cause the price of the imported product to rise in anticipation that the number of say BMW's will be limited. Consumers and auto dealers know this so the price of the BMW will be increased to the level of price the market demands. A tariff on BMW imports brings revenue to the Government and at the same time causes the consumer to pay more to offset the BMW's cost to bring their product to market.
What are the different between embargo and quotas?
Quotas set a physical limit on the amount of goods that can be imported at a time, yet embargoes prevent goods from being imported or exported
What is the definition of GDP and GNP?
A country's Gross Domestic Product, or GDP, is the amount of goods and services, measured at market prices, produced within the country during a particular time period (usually a year). Gross National Product, or GNP, is the amount of goods and services produced by residents of a country, regardless of where that production takes place.A country's Gross Domestic Product, or GDP, is the amount of goods and services, measured at market prices, produced within the country during a particular time period (usually a year). Gross National Product, or GNP, is the amount of goods and services produced by residents of a country, regardless of where that production takes place.Remember, GDP concern is BORDER, whereas GNP concern is PRODUCER.
How does the government control foreign exchange?
by applying restriction on the amount of transaction government can control foreign exchange.
Why are restriction enzymes important for cloning genes?
Interesting and very difficult to put into x amount of letters.
