Archive for September, 2008
Allocated or Global Quotas
Monday, September 29th, 2008To 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.
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Quotas as a Determinant in Foreign Exchange Extraction Conversion Levels
Monday, September 29th, 2008“Tariff quotas” are commonly imposed under which a specified volume of foreign goods may be imported at a low rate of duty, while imports in excess of this figure are subject to a higher rate and percentage. “Mixing quotas” imposed by some countries require that a certain percentage of home produced goods must always be sold along with imported goods of a similar type.
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