Export Quota
/ˈɛkspɔːrt ˈkwoʊtə/
Definitions
- (n.) A government-imposed limit on the quantity or value of goods that a country can export during a specified period.
The government set an export quota to protect domestic industries from foreign competition.
Forms
- export quota
- export quotas
Related terms
See also
Commentary
Export quotas are tools of trade policy often used to control supply and protect domestic markets and are distinct from tariffs and export licenses.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.