Phrases with «import quotas»

Import quotas are a type of trade restriction imposed by a country to limit the amount of goods or products that can be imported from other countries. It sets a maximum quantity that can be imported during a certain period. This is done to protect local industries and promote local production by reducing competition from foreign goods. Full definition

Sentences with «import quotas»

  • The Commission has awarded import quotas for 5630 of the 10 000 tonnes it will allow into the EU for recycling this year. (newscientist.com)
  • Mr Suswono imposed strict beef import quotas in the wake of Australia's short - lived ban on live cattle exports in 2011, on the pretext that Indonesia wanted to become self - sufficient in beef. (smh.com.au)
  • But this year the Commission plans to award import quotas for 16 000 tonnes of CFCs to be used as feedstocks. (newscientist.com)
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