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A limit on the amount of a good that can be brought in from another country for sale

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6 votes

Answer:

Quota

Step-by-step explanation:

A quota is a trade limitation imposed by the state that reduces the number or monetary price of goods which a country may import or export over a given time period.

Countries use international trade quotas to help control trading volumes between them and the other countries.

Countries often place specific products on them in order to decrease imports and increase domestic manufacturing. In principle, by limiting foreign competition, quotas raise domestic production.

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