A restriction imposed by law on the numbers or quantities of goods, or of a particular type of good, allowed to be imported is known as:

Question

Quizplus · Accepted Answer

A restriction on the number or quantity of goods imported is known as a quota. This restriction is often put in place by the government to protect domestically produced goods from foreign competition. A quota may be set as a specific number or as a percentage of total imports.

A Restriction Imposed by Law on the Numbers or Quantities