A government-imposed restriction on quantity, or sometimes on total value. An import quota specifies the maximum amount of an import per year, typically administered with import licenses that may be sold or directly allocated, to individuals or firms, domestic or foreign. May beglobal, bilateral, or by country. An IMF quota.
Browse by Subjects
See All Related Terms »
American Psychological Association (APA):
Chicago Manual of Style (CMS):
Modern Language Association (MLA):