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Import Quota

The financial definition for Import Quota:

Puts limits on the quantity of certain products that can be legally imported into a particular country during a particular time frame. There is a Fixed quota, which is a maximum quantity not to be exceeded, and tariff rate surcharge, which permits additional quantities but at much higher duty.




Similar Matches

Export import Bank (Ex IM Bank)

Export import Bank (Ex IM Bank)
The US federal government agency that extends trade credits to US companies to facilitate the financing of US exports.


Import substitution development strategy

Import substitution development strategy
A development strategy followed by many Latin American countries and other LDCs that emphasize import substitution-accomplished through protectionism-as the route to economic growth.




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