Quantitative Restriction
Quantitative Restriction
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Summary of Quantitative Restriction
A limitation on the quantity of a given commodity that may be imported into a country during a specified period of time
. A quantitative restriction is manifested as a Quota (read this and related legal terms for further details).
(Main Author: William J. Miller)
Quantitative Restriction (QR) and the GATT Policy Negotiations
In relation to the GATT Policy Negotiations, Christopher Mark (1993) provided the following explanation and/or definition of Quantitative Restriction (QR): A term that applies to a quota or other administratively determined ceiling on irnports or exports, usually expressed in volume terms, and sometimes specifying the amount that may be imported from each supplying country. QRs are distinguished from trade restrictions that operate through the price mechanism, "T such as a tariff or surcharge. GATT Article 11 generally prohibits QRs, although several exceptions are made.
Hierarchical Display of Quantitative restriction
Trade > International trade > Trade restriction > Non-tariff barrier
Trade > Trade policy > Trade policy > Market organisation
Quantitative restriction
Concept of Quantitative restriction
See the dictionary definition of Quantitative restriction.
Characteristics of Quantitative restriction
Resources
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Translation of Quantitative restriction
Spanish: Restricción cuantitativa
French: Restriction quantitative
German: Mengenmäßige Beschränkung
Italian: Restrizione quantitativa
Portuguese: Restrição quantitativa
Polish: Ograniczenia ilościowe
Thesaurus of Quantitative restriction
Trade > International trade > Trade restriction > Non-tariff barrier > Quantitative restriction
Trade > Trade policy > Trade policy > Market organisation > Quantitative restriction
See Also
Including similar content viewed by others, in case you missed it:
Quantitative ceiling
Quota