The limit on the amount of a good that can be imported is typically determined by import quotas, which are set by governments to control the volume of specific goods entering a country. These quotas can be based on various factors, including trade agreements, economic considerations, and national security. Additionally, there may be tariffs or other trade barriers that affect the quantity of goods imported. The specific limits can vary widely depending on the country and the product in question.
Import quota
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.
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
A tariff is a tax on trade; a quota is a restriction on trade within a certain time or date.
Restrictions on the amount of a good that can be imported into a country are typically enforced through quotas, tariffs, or import licenses. Quotas limit the quantity of a specific good that can be imported during a given timeframe, while tariffs impose taxes on imports to make them more expensive. Import licenses may be required to control and regulate the entry of certain products. These measures aim to protect domestic industries, manage trade balances, and ensure consumer safety.
Import quota
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.
what is a restriction on the amount of a good that can be imported
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
A tariff is a tax on trade; a quota is a restriction on trade within a certain time or date.
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.
Restrictions on the amount of a good that can be imported into a country are typically enforced through quotas, tariffs, or import licenses. Quotas limit the quantity of a specific good that can be imported during a given timeframe, while tariffs impose taxes on imports to make them more expensive. Import licenses may be required to control and regulate the entry of certain products. These measures aim to protect domestic industries, manage trade balances, and ensure consumer safety.
Quota.
canada spends about 342 billion a year on imports.
a quota.
import quota
Quota