also: quota
Puts limits on the quantity of certain products that can be legally imported into a particular country during a particular time frame. There is a Fixed quota, which is a maximum quantity not to be exceeded, and tariff rate surcharge, which permits additional quantities but at much higher duty. Bloomberg Financial Dictionary
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import quota UK US noun [C] COMMERCE
► the amount of goods that a country allows to be imported during a particular period of time: an import quota for/on sth »
World trade agreements specified that import quotas on textiles and clothing must be phased out.
Financial and business terms. 2012.