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.
Quota is the maximum amount of goods of a particular sort that can be imported legally into a country. The tarriff is a duty that is applied in monetary terms to the imported goods.
A tariff is a tax on an imported good. An import quota (as I assume you mean) is a limit on the amount of a good which is allowed to be imported. One regulates price, the other supply.
That international business is not limited by tariffs or quotas
Trade Barriers
Trade Barriers
they are alike because they trade barriers and they use imports to trade goods and to get goods.they are different because tariffs taxesimports,quotas limit the amount that can be imported while embargoes barnations imports
Reducing or eliminating tariffs, quotas, regulations, taxes and other restrictions on imported goods.
A tariff is a tax on an imported good. An import quota (as I assume you mean) is a limit on the amount of a good which is allowed to be imported. One regulates price, the other supply.
That international business is not limited by tariffs or quotas
Quotas, Tariffs, VERs
Quotas, Tariffs, VERs
Trade Barriers
Trade Barriers
they are alike because they trade barriers and they use imports to trade goods and to get goods.they are different because tariffs taxesimports,quotas limit the amount that can be imported while embargoes barnations imports
a sales quota is the amount of business that can be expected from a sales territory
They are limiting the use of tariffs and quotas on each other's businesses.
I am asking the same question! :(
That international business is not limited by tariffs or quotas