A limit on the amount of goods an importing country will accept for certain product categories during a specified time period is called a(n)

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A limit on the amount of goods an importing country will accept for certain product categories during a specified time period is called a quota. An embargo is a complete ban on trade with a particular country or product. Exchange control limit refers to restrictions on the amount of currency that can be bought or sold by a country's central bank. An import tariff is a tax on imported goods. Balance limit is not a term used in international trade.

A Limit on the Amount of Goods an Importing Country