+14 Import Quota Definition Ideas. Web import quota economics learn about this topic in these articles: Import quotas—defined as a limit on the number of units of a product that may enter a country—are generally forbidden under the original gatt.
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A governmental restriction on the quantities of a particular commodity that may be imported within a specific period of time, usually with the goal of. Import quotas—defined as a limit on the number of units of a product that may enter a country—are generally forbidden under the original gatt. An import quota fixes the quantity of a particular good that foreign producers may bring into a country over a specific.