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Bookmark or Share- QUOTA definition in American English - Collins Online DictionaryA quota is the limited number or quantity of something which is officially allowed. The quota of four tickets per person had been reduced to two. A quota is a fixed maximum or minimum proportion of people from a particular group who are allowed to do something, such as come and live in a country or work for the government.
- What Is a Quota? - InvestopediaA 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...
- What is a quota? Definition and examples - Market Business NewsQuota, in the world of business and economics, has two meanings: 1. A restriction that the government imposes on imports. In other words, an import limit. With this meaning, it is a form of protectionism. 2. A proportionate part or share, such as a sales quota, i.e. the target that companies’ salespeople must hit each week, month, quarter, or year.
- Quota - What It Is, Examples, Effects, Advantages, Vs TariffA quota is a trade restriction on the amount or number of goods imported or exported between countries for a specific time. There are primarily three categories: absolute, tariff rate, and tariff preferences, alongside production, import, and export restrictions.
- Quota Definition & Meaning | Britannica DictionaryThe agency imposes strict fishing/hunting quotas. The company has imposed quotas on hiring. He lost his driver's license because he exceeded the quota of traffic violations.
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