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To ensure that imports of a particular good are substantially reduced, a government or regulatory authority ( such as the World Bank), a government may insist on imposing a “quota”.  This quota will permit only a certain specified quantity of imported good to be allowed over a given time period.  The quota may be “global”  or “allocated”.  The former merely inducates what aggreagate quantity may be imported into a country, without specifying how much comes from any one or particular country of origin.  It could be from China, Vietnam , the E.U. , England or Germany it does not matter.  An “allocated” quota on the other hand , authorizes a particular quantity of imports from each exporting country.

Winnie  Winnipeg

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