Export Quota

Export Quota
   A quota set under an international commodity agreement whereby exporting countries of a particular commodity accept limits on their exports. It is also a bilateral or multilateral agreement between countries governing exports of industrial or other goods.
   ► See also Commodity Agreement.

Financial and business terms. 2012.

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  • quota — quo|ta [ˈkwəutə US ˈkwou ] n [Date: 1600 1700; : Medieval Latin; Origin: Latin quota pars how large a part ] 1.) an official limit on the number or amount of something that is allowed in a particular period quota on ▪ The government has imposed… …   Dictionary of contemporary English

  • quota-free — UK US adjective, adverb COMMERCE ► without any limit on the amount of particular goods that can be imported or exported: »Caribbean nations can export clothing products quota free and duty free to the US if they are made from US fabric …   Financial and business terms

  • Quota share — A quota share is a specified number or percentage of the allotment as a whole (quota), that is prescribed to each individual entity (see Non tariff barriers to trade).For example, the US imposes an import quota on cars from Japan. The Japanese… …   Wikipedia

  • quota — /kwoh teuh/, n. 1. the share or proportional part of a total that is required from, or is due or belongs to, a particular district, state, person, group, etc. 2. a proportional part or share of a fixed total amount or quantity. 3. the number or… …   Universalium

  • export — {{Roman}}I.{{/Roman}} noun ADJECTIVE ▪ chief, important, main, major, principal ▪ biggest, largest ▪ Coffee is the country s biggest export …   Collocations dictionary

  • quota — noun ADJECTIVE ▪ full ▪ He never takes his full quota of days off. ▪ strict ▪ annual, daily, monthly, weekly …   Collocations dictionary

  • export — I UK [ˈekspɔː(r)t] / US [ˈekˌspɔrt] noun Word forms export : singular export plural exports economics *** 1) [uncountable] the practice or business of selling goods to another country a new law controlling the export of works of art for export:… …   English dictionary

  • export — ex|port1 [ ek,spɔrt ] noun *** 1. ) uncount the practice or business of selling goods to another country: a new law controlling the export of works of art for export: They are now manufacturing more goods for export. 2. ) count a product that is… …   Usage of the words and phrases in modern English

  • quota — /kwowta/ A proportional part or share, the proportional part of a demand or liability, falling upon each of those who are collectively responsible for the whole. An assigned goal, as a sales quota; a limiting number or percentage such as the… …   Black's law dictionary

  • quota — 1) A limit on the import or export of a particular product imposed by a government. Import quotas may be imposed for protectionist reasons (i. e. to shield domestic manufacturers from foreign competition); export quotas may be imposed in… …   Big dictionary of business and management

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