Question
Quota and Tariff
Answer :
Word Count : 140
| Feature | Quota | Tariff |
|---|---|---|
| Definition | A quota is a physical limit on the quantity of a particular good that can be imported or exported during a specified period. | A tariff is a tax or duty imposed on imported or exported goods to increase their cost and restrict trade. |
| Nature of Control | Quantitative restriction _____ ______ __________ _______ _______ ______ _____ ____ _______. ______ _________ _______ _______ __________ ________ __________ __________ __________ ___ ______ __________. ___ ___ _________ ____ ___ _____ _____ __________. ______ _________ ___ ________ ____ __________ ______ ________. ______ _________ _______ __________ __________ ___ _________ ________ ________ ____ ____ ______. _____ ___ ________ ______ ___ __________. ________ ___ ___ ________ ______ _____ ____ _______ ______ ________ ___ ___. _________ ______ __________ _________ ______ _________ ____ ______ _____ _________. ____ ____ _____ __________ ____ __________ __________ ____ __________. ____ ___ _____ __________ _________ _______ ________ _________ ________. IGNOU ACADEMY Your IGNOU journey, made easier.
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