Jump to content
Search

Import quota

From Wikipedia, the free encyclopedia
(Redirected from Quota share)
icon
You can help expand this article with text translated from the corresponding article in German. (September 2016) Click [show] for important translation instructions.
  • Machine translation, like DeepL or Google Translate, is a useful starting point for translations, but translators must follow the LLM translation guideline, revise errors as necessary and confirm that the translation is accurate, rather than simply copy-pasting machine-translated text into the English Wikipedia.
  • Consider adding a topic to this template: there are already 1,784 articles in the main category, and specifying|topic= will aid in categorization.
  • Do not translate text that appears unreliable or low-quality. If possible, verify the text with references provided in the foreign-language article.
  • You must provide copyright attribution in the edit summary accompanying your translation by providing an interlanguage link to the source of your translation. A model attribution edit summary is Content in this edit is translated from the existing German Wikipedia article at [[:de:Einfuhrkontingent]]; see its history for attribution.
  • You may also add the template {{Translated|de|Einfuhrkontingent}} to the talk page.
  • For more guidance, see Wikipedia:Translation.

An import quota is a type of trade restriction that sets a physical limit on the quantity of a good that can be imported into a country in a given period of time.[1] An import embargo or import ban is essentially a zero-level import quota.[2][3] Quotas, like other trade restrictions, are typically used to benefit the producers of a good in that economy (protectionism).

Enforcement

[edit]

Import quotas are usually implemented by awarding licenses to companies or individuals according to a specific catalogue of criteria, either free of charge, for a fee, or in the form of an auction.[4] Importers without licences are not allowed to import at all,[2] or in certain cases, can import only for a very high tariff premium.[5] In the case of a quantity quota, imports are restricted directly for importers based on the imports of the previous year, for example by setting weights, quantities and dimensions, etc.

Quota share

[edit]

The quota share is a specified number or percentage of the allotment as a whole quota, that is prescribed to each individual entity.

For example, the United States imposes an import quota on cars from Japan. The Japanese government may see fit to impose a quota share program to determine the number of cars each Japanese car manufacturer may export to the United States. Any extra number that a manufacturer wishes to export must be negotiated with another manufacturer that did not or cannot maximize its share of the quota.

See also

[edit]

References

[edit]
  1. ^ O'Sullivan, Arthur; Sheffrin, Steven M. (2003). Economics: Principles in Action. Pearson Prentice Hall. pp. 449. ISBN 0-13-063085-3.
  2. ^ a b Grant, Warren R.; Williams, Gary W. (November 1, 1990). Trade Distorting Policies in the World Rice Market: Some Factors for Consideration in Trade Negotiations (Report). College Station, Texas: Texas Agricultural Market Research Center. p. 3.
  3. ^ AFP/ras (2008-12-18). "Chlor-Hühnchen kommen nicht auf den Tisch" (in German). Die Welt.
  4. ^ Koch, Eckart (1992). Internationale Wirtschaftsbeziehungen (in German). Munich: Franz Vahlen Verlag. p. 157. ISBN 3-8006-1593-2.
  5. ^ See Bergsten, C. Fred (1987). Auction Quotas and United States Trade Policy. Institute for International Economics. p. 97. ISBN 9780881320503.
Terminology
Organizations
and policies
Political economy
Regional organizations
Americas
Asia-Pacific
Europe, Central Asia, and North Asia
Middle East and North Africa
Subsaharan Africa
Exports by product
Authority control databases Edit this at Wikidata
Stub icon

This article about the economy is a stub. You can help Wikipedia by adding missing information.

Retrieved from "https://en.wikipedia.org/w/index.php?title=Import_quota&oldid=1345286393"
Import quota
Add topic
Morty Proxy This is a proxified and sanitized view of the page, visit original site.