What Do You Mean By Quotas?

Jinall Bms Classes| | December 23, 2014| Enterpreneurship and Management of Small and Medium Enterprises, Notes, meaning, Quotas| 145

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Quotas

Quotas are non-tariff trade barrier which impose quantitative restrictions.
A country fixes in advance the limit of import quantity of a commodity that would be permitted from various countries during a given period.
Imports allowed over and above a specific limit.

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