What is the term for a limit which is imposed on the production or sale of a product?

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Quizplus · Accepted Answer

A quota is a limit or restriction on the amount of a product that can be produced, imported, or sold. This is often done by governments to protect domestic industries from foreign competition or to address issues such as overproduction or oversupply. In contrast, protectionism refers to the use of trade barriers, such as tariffs or quotas, to protect domestic industries from foreign competition. Tariffs are taxes imposed on imported goods, while trade barriers refer to any obstacle that makes it more difficult or expensive to trade internationally.

What Is the Term for a Limit Which Is Imposed