importance of quota

  1. V

    Difference Between Tariffs And Quotas

    Difference Between Tariffs And Quotas A tariff is usually an import duty placed on foreign goods to make them more expensive in a national market; this theoretically has the effect of increasing the competitiveness of national industries. A quota is a set quantity of material which must be...
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    • difference importance of quota importance of tariffs international marketing notes on quota notes on tariffs policy quotas rate structure tariff advisory tariff barrier tariff bidding tariff code tariff commission tariff meaning tariff rate tariffs trade tariffs types of quota types of tariffs what are tariffs
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    • Forum: Export - Import Procedures Notes
  2. A

    QUOTA SYSTEM

    QUOTA SYSTEM: Meaning: Quota system or quantitative restriction is one important non-tariff trade barrier. Under quota system, the country fixes in advance the limit of import quantity of a commodity that would be permitted from various countries during a given period. Such quotas are...
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