BACHELOR OF BUSINESS ADMINISTRATION

Detailed explanation-1: -quota, in international trade, government-imposed limit on the quantity, or in exceptional cases the value, of the goods or services that may be exported or imported over a specified period of time.

Detailed explanation-2: -A quota is a government-imposed trade restriction that limits the number or monetary value of goods that a country can import or export during a particular period. Countries use quotas in international trade to help regulate the volume of trade between them and other countries.

Detailed explanation-3: -Import quotas control the amount or volume of various commodities that can be imported into the United States during a specified period of time.

Detailed explanation-4: -A quota limits the quantity of a good that can be imported into a country. A tariff is a tax placed on an import.

Detailed explanation-5: -A quota is a type of trade restriction where a government imposes a limit on the number or the value of a product that another country can import. For example, a government may place a quota limiting a neighboring nation to importing no more than 10 tons of grain.