Home > Terms > Macedonian (MK) > квота

квота

A form of protectionism. A country imposes limits on the number of goods that can be imported from another country. For instance, France may limit the number of cars imported from Japan to, say, 20,000 a year. As a result of limiting supply, the price of the imported good is higher than it would be under free trade, thus making life easier for domestic producers.

0
Collect to Blossary

Member comments

You have to log in to post to discussions.

Terms in the News

Featured Terms

Jasmin
  • 0

    Terms

  • 0

    Blossaries

  • 20

    Followers

Industry/Domain: Travel Category: Cruise

Титаник

The fabled passenger liner that sank after hitting an iceberg on her maiden voyage from Southampton, United Kingdom to New York City in April ...

Contributor

Featured blossaries

Scandal Characters

Category: Entertainment   1 18 Terms

Basic Grammatical

Category: Languages   7 14 Terms