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Import Quota

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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.

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quota

Separately, Mexico last week raised its duty-free corn import quota to 1.

USDA ups South American corn by Pro Farmer

In May 2005, after this book was published, President Bush renewed import quotas on Chinese textiles, sacrificing the interests of the tiny minority of Americans who wear clothes for the alleged protection of 600,000 textile jobs.

I, T-Shirt: a T-shirt's journey unravels the costs of protectionism by Howley, Kerry / Reason

The lifting of apparel and textile import quotas is squeezing local manufacturers, but will likely provide a boon for consumers in search of inexpensive wares, economists said Thursday.

UNRAVELING MANUFACTURERS? IMPORT RULES COULD SNAG CLOTHING BUSINESS by Daily News (Los Angeles, CA)

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