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Feb 17, 2024 · A 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...
The meaning of QUOTA is a proportional part or share; especially : the share or proportion assigned to each in a division or to each member of a body. How to use quota in a sentence.
a number, amount, or share that is officially allowed or necessary: A bill before Congress would impose import quotas that could save 3700 jobs. (Definition of quota from the Cambridge Academic Content Dictionary © Cambridge University Press)
noun. the proportional share or part of a whole that is due from, due to, or allocated to a person or group. a prescribed number or quantity, as of items to be manufactured, imported, or exported, immigrants admitted to a country, or students admitted to a college. Discover More.
a fixed limit on the amount of something that someone is allowed to have or is expected to do: an annual/monthly/daily quota The annual quota of 140,000 green cards is far lower than the demand. impose/introduce/set a quota This fiscal year, Congress set a quota of 65,000 visas.
Usually a quota places an upper limit on the total number or amount of some item. There are quotas placed on all kinds of things, like immigrants entering a country, goods exported, or students admitted to a particular school. Quota comes from the Latin phrase quota pars, or "how large a part".
Quotas are more effective in restricting trade than tariffs, particularly if domestic demand for a commodity is not sensitive to increases in price. Because the effects of quotas cannot be offset by depreciation of the foreign currency or by an export subsidy, quotas may be more disturbing to the international trade mechanism than tariffs.
QUOTA meaning: 1 : an official limit on the number or amount of people or things that are allowed; 2 : a specific amount or number that is expected to be achieved.
QUOTA meaning: a limited amount of something that is officially allowed: . Learn more.
Definition of quota noun in Oxford Advanced Learner's Dictionary. Meaning, pronunciation, picture, example sentences, grammar, usage notes, synonyms and more.
