| Webster's Online Dictionary |
| Expressions | Domain | Definition | |
| Import quota | Agriculture | A trade barrier that sets the maximum quantity (quantitative restriction) or value of a commodity allowed to enter a country during a specified time period. The Uruguay Round Agreement on Agriculture requires the conversion of import quotas and other quantitative restrictions to tariff-rate quotas and/or bound tariff rates. (references) | |
| Import Quota | Economics | A protective device establishing limits on the quantity of a particular product that may be imported into a country. (references) | |
| Import Quota Auctioning | Economics | The process of auctioning the right to import specified quantities of quota-restricted goods. (references) | |
Source: compiled by the editor from various references; see credits. | Top | ||