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A quantity quota is a restriction or limit imposed on the amount of a specific product or commodity that can be produced, imported, or exported within a certain timeframe. It is often used by governments to regulate trade, protect domestic industries, or manage resource depletion. Quantity quotas can help stabilize markets and ensure fair competition by preventing oversupply or undersupply.

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1mo ago

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Related Questions

Is the word quota a verb?

The word quota is a noun meaning: a proportional part or share of a fixed total amount or quantity.


What is an example that you can use for quota?

quota is alimit set on the quantity of a product that may be imported or exported within a given period


What words start with q that have somthin to do with manufacturing?

quality and quantity quotes (for prices) quota (meeting production quotas)


What is the 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?

Quota.


A limit on the number of goods imported is called?

a quota.


What are common effects of quotas and tariffs?

Import quota will decrease the international supply curve and thus, decreasing the quantity supplied internationally while increasing the quantity supplied domestically.


What are the different types of quotas?

sales volume quota ,expense quota, profit quota, activity quota


What are the different types of sales quotas?

sales volume quota ,expense quota, profit quota, activity quota


What are different types of sales quotas?

sales volume quota ,expense quota, profit quota, activity quota


What best states the purpose of an importa quota?

An import quota is a government-imposed limit on the quantity of a specific good that can be imported into a country during a given time period. The primary purpose of an import quota is to protect domestic industries from foreign competition, stabilize prices, and ensure a balance of trade. By restricting foreign goods, quotas aim to promote local production and safeguard jobs within the country.


What is limited quota?

A limited quota refers to a specific cap or restriction placed on the quantity of goods, services, or resources that can be produced, imported, or consumed within a given timeframe. This mechanism is often used in trade policies to protect domestic industries from foreign competition or to manage the supply of certain commodities. By imposing a limited quota, governments aim to stabilize markets, control prices, and ensure fair distribution among consumers.


How do you define quota?

A quota is a goal, or when something is due. Example Sentence: I hope i make my quota this week.